BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV) Shares Shorted: Short Interest Up 1,733.8% in September

BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 326,891 shares, a growth of 1,733.8% from the September 15th total of 17,826 shares. Based on an average trading volume of 566,340 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.5% of the company’s stock are short sold.

Institutional Trading of BNY Mellon Dynamic Value ETF

A number of institutional investors and hedge funds have recently bought and sold shares of BKDV. KFA Private Wealth Group LLC lifted its stake in shares of BNY Mellon Dynamic Value ETF by 12.2% in the third quarter. KFA Private Wealth Group LLC now owns 49,102 shares of the company’s stock worth $1,655,000 after buying an additional 5,322 shares in the last quarter. Noble Wealth Management PBC lifted its position in BNY Mellon Dynamic Value ETF by 0.8% in the 3rd quarter. Noble Wealth Management PBC now owns 117,612 shares of the company’s stock valued at $3,964,000 after acquiring an additional 958 shares in the last quarter. Integrated Wealth Concepts LLC lifted its position in BNY Mellon Dynamic Value ETF by 20.9% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 710,411 shares of the company’s stock valued at $23,792,000 after acquiring an additional 122,841 shares in the last quarter. IFP Advisors Inc boosted its stake in BNY Mellon Dynamic Value ETF by 11.7% during the 2nd quarter. IFP Advisors Inc now owns 91,873 shares of the company’s stock valued at $3,077,000 after purchasing an additional 9,632 shares during the last quarter. Finally, PCG Wealth Advisors LLC purchased a new stake in BNY Mellon Dynamic Value ETF during the 2nd quarter valued at $449,000.

BNY Mellon Dynamic Value ETF Stock Up 0.5%

Shares of NYSEARCA BKDV traded up $0.16 during trading on Friday, reaching $34.36. The company had a trading volume of 576,775 shares, compared to its average volume of 403,184. BNY Mellon Dynamic Value ETF has a 12-month low of $27.35 and a 12-month high of $35.14. The business’s 50-day moving average is $34.50 and its 200 day moving average is $33.07. The stock has a market cap of $2.07 billion, a PE ratio of 19.68 and a beta of 0.73.

BNY Mellon Dynamic Value ETF Company Profile

The BNY Mellon Dynamic Value ETF (BKDV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, focusing on value companies of any market-cap globally. The fund seeks capital growth through a bottom-up investment approach, prioritizing intrinsic value, strong fundamentals, and positive momentum BKDV was launched on Nov 1, 2024 and is issued by BNY Mellon.