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

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 17,492 shares, a growth of 770.7% from the December 15th total of 2,009 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 16,455 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily trading volume, of 16,455 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. RPOA Advisors Inc. boosted its position in shares of BNY Mellon US Mid Cap Core Equity ETF by 5.2% during the 3rd quarter. RPOA Advisors Inc. now owns 4,229,542 shares of the company’s stock worth $458,971,000 after purchasing an additional 209,436 shares in the last quarter. Diversify Wealth Management LLC boosted its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 3.6% during the 3rd quarter. Diversify Wealth Management LLC now owns 163,956 shares of the company’s stock worth $17,659,000 after acquiring an additional 5,750 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 3.4% during the 3rd quarter. Geneos Wealth Management Inc. now owns 66,137 shares of the company’s stock worth $7,177,000 after acquiring an additional 2,168 shares in the last quarter. Diversify Advisory Services LLC grew its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 3.4% in the 3rd quarter. Diversify Advisory Services LLC now owns 64,398 shares of the company’s stock worth $6,936,000 after acquiring an additional 2,109 shares during the period. Finally, Bank of America Corp DE increased its stake in BNY Mellon US Mid Cap Core Equity ETF by 17.6% in the 3rd quarter. Bank of America Corp DE now owns 34,486 shares of the company’s stock valued at $3,742,000 after purchasing an additional 5,170 shares in the last quarter.

BNY Mellon US Mid Cap Core Equity ETF Price Performance

Shares of BKMC stock traded up $0.31 during mid-day trading on Monday, hitting $115.18. The stock had a trading volume of 8,995 shares, compared to its average volume of 12,099. BNY Mellon US Mid Cap Core Equity ETF has a fifty-two week low of $82.26 and a fifty-two week high of $115.18. The firm has a market cap of $650.77 million, a PE ratio of 19.73 and a beta of 1.06. The company’s 50-day simple moving average is $109.43 and its 200-day simple moving average is $107.64.

BNY Mellon US Mid Cap Core Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were paid a $0.4651 dividend. This represents a $1.86 dividend on an annualized basis and a dividend yield of 1.6%. This is a boost from BNY Mellon US Mid Cap Core Equity ETF’s previous quarterly dividend of $0.35. The ex-dividend date was Monday, December 29th.

About BNY Mellon US Mid Cap Core Equity ETF

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.