BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) Short Interest Up 113.0% in May

BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 5,562 shares, a growth of 113.0% from the April 30th total of 2,611 shares. Based on an average daily volume of 6,095 shares, the short-interest ratio is currently 0.9 days. Currently, 0.2% of the shares of the company are short sold.

BNY Mellon Concentrated International ETF Stock Performance

Shares of NYSEARCA:BKCI opened at $53.58 on Monday. BNY Mellon Concentrated International ETF has a 52-week low of $47.83 and a 52-week high of $54.14. The company has a market capitalization of $136.63 million, a P/E ratio of 23.08 and a beta of 0.86. The company has a 50-day simple moving average of $51.40 and a 200 day simple moving average of $51.81.

Institutional Investors Weigh In On BNY Mellon Concentrated International ETF

Hedge funds have recently bought and sold shares of the stock. Crux Wealth Advisors lifted its position in BNY Mellon Concentrated International ETF by 26.6% during the third quarter. Crux Wealth Advisors now owns 77,774 shares of the company’s stock worth $4,007,000 after acquiring an additional 16,360 shares during the last quarter. Harbor Group Inc. lifted its position in BNY Mellon Concentrated International ETF by 4.2% during the fourth quarter. Harbor Group Inc. now owns 944,276 shares of the company’s stock worth $48,696,000 after acquiring an additional 37,818 shares during the last quarter. Pathway Financial Advisors LLC lifted its position in BNY Mellon Concentrated International ETF by 10.0% during the fourth quarter. Pathway Financial Advisors LLC now owns 198,707 shares of the company’s stock worth $10,454,000 after acquiring an additional 17,996 shares during the last quarter. World Equity Group Inc. acquired a new stake in BNY Mellon Concentrated International ETF during the first quarter worth approximately $339,000. Finally, Rockefeller Capital Management L.P. lifted its position in BNY Mellon Concentrated International ETF by 33.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 5,366 shares of the company’s stock worth $277,000 after acquiring an additional 1,336 shares during the last quarter.

BNY Mellon Concentrated International ETF Company Profile

The BNY Mellon Concentrated International ETF (BKCI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund relying heavily on fundamental research to select a narrow basket of stocks, of any market capitalization, from developed markets outside of the US. BKCI was launched on Dec 6, 2021 and is managed by BNY Mellon.