BNY Mellon International Equity ETF (NYSEARCA:BKIE) Short Interest Update

BNY Mellon International Equity ETF (NYSEARCA:BKIE) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 412,246 shares, a growth of 904.0% from the July 15th total of 41,061 shares. Based on an average daily trading volume, of 206,480 shares, the short-interest ratio is currently 2.0 days. Approximately 1.1% of the company’s shares are sold short.

BNY Mellon International Equity ETF Stock Performance

Shares of NYSEARCA BKIE traded up $0.02 during trading on Tuesday, hitting $34.80. 77,145 shares of the company traded hands, compared to its average volume of 259,099. The business’s fifty day moving average is $33.52 and its 200 day moving average is $32.83. BNY Mellon International Equity ETF has a fifty-two week low of $28.69 and a fifty-two week high of $35.18. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 16.44 and a beta of 0.79.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its stake in BNY Mellon International Equity ETF by 109.0% in the first quarter. NewEdge Advisors LLC now owns 30,639 shares of the company’s stock valued at $31,000 after acquiring an additional 15,978 shares during the period. CWM LLC acquired a new position in shares of BNY Mellon International Equity ETF during the fourth quarter worth approximately $34,000. Rockefeller Capital Management L.P. lifted its holdings in shares of BNY Mellon International Equity ETF by 57.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 503 shares of the company’s stock worth $47,000 after purchasing an additional 183 shares in the last quarter. Arlington Trust Co LLC bought a new position in shares of BNY Mellon International Equity ETF in the 2nd quarter worth $101,000. Finally, Capital Analysts LLC bought a new position in shares of BNY Mellon International Equity ETF in the 4th quarter worth $131,000.

BNY Mellon International Equity ETF Company Profile

The BNY Mellon International Equity ETF (BKIE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a market-cap-weighted index of large-caps in the Developed Markets outside of US. BKIE was launched on Apr 24, 2020 and is managed by BNY Mellon.