Short Interest in BNY Mellon International Equity ETF (NYSEARCA:BKIE) Drops By 37.0%

BNY Mellon International Equity ETF (NYSEARCA:BKIE) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 14,417 shares, a drop of 37.0% from the April 30th total of 22,884 shares. Based on an average daily trading volume, of 60,059 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On BNY Mellon International Equity ETF

A number of large investors have recently made changes to their positions in the business. Integrated Wealth Concepts LLC increased its holdings in shares of BNY Mellon International Equity ETF by 5.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 582,641 shares of the company’s stock valued at $52,176,000 after purchasing an additional 29,191 shares during the period. MGO One Seven LLC increased its holdings in shares of BNY Mellon International Equity ETF by 6.0% in the 4th quarter. MGO One Seven LLC now owns 457,785 shares of the company’s stock valued at $42,373,000 after purchasing an additional 26,029 shares during the period. Creative Financial Designs Inc. ADV increased its holdings in shares of BNY Mellon International Equity ETF by 5.1% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 410,898 shares of the company’s stock valued at $38,033,000 after purchasing an additional 19,951 shares during the period. LPL Financial LLC increased its holdings in shares of BNY Mellon International Equity ETF by 9.7% in the 4th quarter. LPL Financial LLC now owns 334,531 shares of the company’s stock valued at $30,964,000 after purchasing an additional 29,469 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of BNY Mellon International Equity ETF by 2.7% in the 4th quarter. Bank of New York Mellon Corp now owns 232,351 shares of the company’s stock valued at $21,506,000 after purchasing an additional 6,105 shares during the period.

BNY Mellon International Equity ETF Price Performance

Shares of BKIE opened at $100.34 on Friday. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 16.44 and a beta of 0.79. BNY Mellon International Equity ETF has a fifty-two week low of $82.45 and a fifty-two week high of $101.87. The business’s 50-day moving average is $97.49 and its 200-day moving average is $95.77.

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.