BNY Mellon Concentrated Growth ETF (NYSEARCA:BKCG) Sees Large Increase in Short Interest

BNY Mellon Concentrated Growth ETF (NYSEARCA:BKCG) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 128 shares. Based on an average trading volume of 3,607 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

BNY Mellon Concentrated Growth ETF Stock Down 0.7%

Shares of BKCG stock traded down $0.28 on Friday, hitting $39.45. The company had a trading volume of 534 shares, compared to its average volume of 2,532. The firm has a market cap of $121.13 million, a P/E ratio of 32.83 and a beta of 0.99. The company has a 50-day moving average price of $39.34 and a 200-day moving average price of $37.97. BNY Mellon Concentrated Growth ETF has a twelve month low of $32.94 and a twelve month high of $40.42.

BNY Mellon Concentrated Growth ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a dividend of $0.0386 per share. This represents a $0.15 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from BNY Mellon Concentrated Growth ETF’s previous quarterly dividend of $0.0640.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in BNY Mellon Concentrated Growth ETF stock. NorthRock Partners LLC purchased a new position in shares of BNY Mellon Concentrated Growth ETF (NYSEARCA:BKCG) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,502 shares of the company’s stock, valued at approximately $205,000. NorthRock Partners LLC owned 0.18% of BNY Mellon Concentrated Growth ETF as of its most recent SEC filing.

BNY Mellon Concentrated Growth ETF Company Profile

The BNY Mellon ETF Trust II – Concentrated Growth ETF (BKCG) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.