Short Interest in BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) Decreases By 70.6%

BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 1,253 shares, a decrease of 70.6% from the May 31st total of 4,263 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 8,799 shares, the days-to-cover ratio is currently 0.1 days.

BNY Mellon Concentrated International ETF Stock Performance

BKCI stock opened at $53.12 on Friday. The stock has a market capitalization of $135.46 million, a PE ratio of 23.08 and a beta of 0.85. The company has a fifty day moving average of $52.72 and a 200-day moving average of $52.08. BNY Mellon Concentrated International ETF has a one year low of $47.83 and a one year high of $54.14.

Institutional Investors Weigh In On BNY Mellon Concentrated International ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in BNY Mellon Concentrated International ETF by 811.8% during the first quarter. Royal Bank of Canada now owns 121,601 shares of the company’s stock worth $5,811,000 after acquiring an additional 108,264 shares during the period. Orion Porfolio Solutions LLC lifted its holdings in BNY Mellon Concentrated International ETF by 67.5% in the second quarter. Orion Porfolio Solutions LLC now owns 207,294 shares of the company’s stock valued at $10,288,000 after acquiring an additional 83,565 shares during the period. Bank of America Corp DE lifted its holdings in BNY Mellon Concentrated International ETF by 2,013.9% in the second quarter. Bank of America Corp DE now owns 43,926 shares of the company’s stock valued at $2,256,000 after acquiring an additional 41,848 shares during the period. Harbor Group Inc. boosted its position in shares of BNY Mellon Concentrated International ETF by 4.2% during the 4th quarter. Harbor Group Inc. now owns 944,276 shares of the company’s stock worth $48,696,000 after purchasing an additional 37,818 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new stake in shares of BNY Mellon Concentrated International ETF during the 3rd quarter worth $1,528,000.

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.