BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) Short Interest Down 51.3% in December

BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totaling 384 shares, a decline of 51.3% from the November 30th total of 788 shares. Based on an average daily trading volume, of 1,272 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 1,272 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On BNY Mellon US Small Cap Core Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in BKSE. Royal Bank of Canada boosted its stake in BNY Mellon US Small Cap Core Equity ETF by 13.3% during the 1st quarter. Royal Bank of Canada now owns 39,195 shares of the company’s stock valued at $3,656,000 after acquiring an additional 4,604 shares during the last quarter. Park Avenue Securities LLC bought a new stake in shares of BNY Mellon US Small Cap Core Equity ETF in the 2nd quarter worth about $270,000. Crux Wealth Advisors raised its stake in shares of BNY Mellon US Small Cap Core Equity ETF by 16.1% in the 2nd quarter. Crux Wealth Advisors now owns 5,198 shares of the company’s stock valued at $519,000 after purchasing an additional 719 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of BNY Mellon US Small Cap Core Equity ETF by 40.8% during the second quarter. Envestnet Asset Management Inc. now owns 6,413 shares of the company’s stock worth $641,000 after purchasing an additional 1,857 shares during the last quarter. Finally, Flow Traders U.S. LLC lifted its position in shares of BNY Mellon US Small Cap Core Equity ETF by 342.1% during the second quarter. Flow Traders U.S. LLC now owns 22,342 shares of the company’s stock worth $2,232,000 after purchasing an additional 17,288 shares during the last quarter.

BNY Mellon US Small Cap Core Equity ETF Stock Down 0.3%

Shares of BNY Mellon US Small Cap Core Equity ETF stock traded down $0.29 during trading hours on Friday, hitting $115.16. 1,132 shares of the company’s stock traded hands, compared to its average volume of 7,636. BNY Mellon US Small Cap Core Equity ETF has a twelve month low of $79.54 and a twelve month high of $117.50. The company has a market cap of $61.03 million, a PE ratio of 15.47 and a beta of 1.11. The stock has a 50 day simple moving average of $111.94 and a 200-day simple moving average of $107.34.

BNY Mellon US Small Cap Core Equity ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.3981 per share. The ex-dividend date was Wednesday, October 1st. This represents a $1.59 annualized dividend and a yield of 1.4%. This is a boost from BNY Mellon US Small Cap Core Equity ETF’s previous quarterly dividend of $0.30.

About BNY Mellon US Small Cap Core Equity ETF

The BNY Mellon US Small Cap Core Equity ETF (BKSE) is an exchange-traded fund that is based on the Morningstar US Small Cap index, a market-cap-weighted index of small-cap stocks that cover the bottom 3-10% capitalization of the US equity market. BKSE was launched on Apr 9, 2020 and is managed by BNY Mellon.