Short Interest in BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) Declines By 83.1%

BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) was the target of a significant decline in short interest in February. As of February 13th, there was short interest totaling 447 shares, a decline of 83.1% from the January 29th total of 2,645 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 79,231 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 79,231 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

BNY Mellon Concentrated International ETF Stock Down 0.4%

NYSEARCA:BKCI traded down $0.21 during trading hours on Thursday, reaching $53.75. The company had a trading volume of 3,435 shares, compared to its average volume of 27,611. The business’s 50-day simple moving average is $52.64 and its two-hundred day simple moving average is $51.84. BNY Mellon Concentrated International ETF has a twelve month low of $42.85 and a twelve month high of $53.99. The firm has a market cap of $188.14 million, a price-to-earnings ratio of 23.08 and a beta of 0.87.

BNY Mellon Concentrated International ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were given a $0.7157 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a yield of 138.0%.

Hedge Funds Weigh In On BNY Mellon Concentrated International ETF

Hedge funds have recently added to or reduced their stakes in the stock. Atlantic Union Bankshares Corp purchased a new stake in shares of BNY Mellon Concentrated International ETF in the third quarter worth approximately $67,000. Kestra Advisory Services LLC purchased a new position in BNY Mellon Concentrated International ETF during the 4th quarter worth $75,000. Osaic Holdings Inc. boosted its holdings in BNY Mellon Concentrated International ETF by 438.9% during the 2nd quarter. Osaic Holdings Inc. now owns 7,749 shares of the company’s stock worth $398,000 after acquiring an additional 6,311 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of BNY Mellon Concentrated International ETF by 223.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 15,465 shares of the company’s stock worth $794,000 after acquiring an additional 10,681 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in BNY Mellon Concentrated International ETF in the 4th quarter valued at about $837,000.

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.