BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) Stock Short Interest Report for October

BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 14,692 shares, an increase of 964.6% from the September 30th total of 1,380 shares. Based on an average daily volume of 3,887 shares, the days-to-cover ratio is presently 3.8 days. Approximately 0.7% of the shares of the stock are short sold.

BNY Mellon US Small Cap Core Equity ETF Trading Up 0.5%

Shares of BNY Mellon US Small Cap Core Equity ETF stock traded up $0.19 during mid-day trading on Monday, reaching $42.40. 2,594 shares of the stock were exchanged, compared to its average volume of 6,847. BNY Mellon US Small Cap Core Equity ETF has a fifty-two week low of $35.00 and a fifty-two week high of $46.02. The company has a market cap of $85.22 million, a price-to-earnings ratio of 15.47 and a beta of 1.08. The firm has a 50-day simple moving average of $42.95 and a 200 day simple moving average of $41.78.

BNY Mellon US Small Cap Core Equity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.1457 per share. This is a negative change from BNY Mellon US Small Cap Core Equity ETF’s previous quarterly dividend of $0.4233. This represents a $0.58 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, October 1st.

Institutional Trading of BNY Mellon US Small Cap Core Equity ETF

Several hedge funds have recently modified their holdings of the company. Fifth Third Wealth Advisors LLC lifted its holdings in BNY Mellon US Small Cap Core Equity ETF by 200.0% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 7,224 shares of the company’s stock worth $300,000 after buying an additional 4,816 shares in the last quarter. Elm3 Financial Group LLC increased its stake in shares of BNY Mellon US Small Cap Core Equity ETF by 197.0% in the 3rd quarter. Elm3 Financial Group LLC now owns 5,412 shares of the company’s stock valued at $225,000 after buying an additional 3,590 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of BNY Mellon US Small Cap Core Equity ETF by 7.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,696 shares of the company’s stock valued at $1,572,000 after buying an additional 826 shares during the period. Integrated Wealth Concepts LLC raised its position in shares of BNY Mellon US Small Cap Core Equity ETF by 3.0% during the second quarter. Integrated Wealth Concepts LLC now owns 8,018 shares of the company’s stock worth $1,078,000 after acquiring an additional 230 shares during the last quarter. Finally, Symphony Financial Ltd. Co. raised its position in shares of BNY Mellon US Small Cap Core Equity ETF by 3.9% during the second quarter. Symphony Financial Ltd. Co. now owns 6,907 shares of the company’s stock worth $924,000 after acquiring an additional 261 shares during the last quarter.

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.