BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Short Interest Update

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 2,009 shares, an increase of 140.3% from the November 30th total of 836 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 10,235 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 10,235 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

BNY Mellon US Mid Cap Core Equity ETF Stock Down 0.1%

Shares of BKMC traded down $0.15 during trading hours on Friday, reaching $111.60. The company’s stock had a trading volume of 5,879 shares, compared to its average volume of 26,678. BNY Mellon US Mid Cap Core Equity ETF has a 1-year low of $82.26 and a 1-year high of $112.69. The company has a 50 day moving average of $108.68 and a two-hundred day moving average of $106.68. The firm has a market cap of $621.61 million, a price-to-earnings ratio of 19.73 and a beta of 1.06.

BNY Mellon US Mid Cap Core Equity ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a dividend of $0.3492 per share. The ex-dividend date was Wednesday, October 1st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. This is a boost from BNY Mellon US Mid Cap Core Equity ETF’s previous quarterly dividend of $0.33.

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

A number of large investors have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its holdings in BNY Mellon US Mid Cap Core Equity ETF by 4.6% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,734 shares of the company’s stock valued at $453,000 after buying an additional 207 shares in the last quarter. SVB Wealth LLC bought a new stake in BNY Mellon US Mid Cap Core Equity ETF in the 1st quarter valued at about $30,000. Goldman Sachs Group Inc. increased its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 105.1% during the first quarter. Goldman Sachs Group Inc. now owns 4,585 shares of the company’s stock worth $438,000 after purchasing an additional 2,349 shares during the period. Geneos Wealth Management Inc. raised its position in shares of BNY Mellon US Mid Cap Core Equity ETF by 1.5% in the first quarter. Geneos Wealth Management Inc. now owns 30,282 shares of the company’s stock valued at $2,896,000 after buying an additional 438 shares in the last quarter. Finally, Crux Wealth Advisors raised its position in shares of BNY Mellon US Mid Cap Core Equity ETF by 15.9% in the second quarter. Crux Wealth Advisors now owns 5,086 shares of the company’s stock valued at $521,000 after buying an additional 696 shares in the last quarter.

BNY Mellon US Mid Cap Core Equity ETF Company Profile

The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.