BNY Mellon International Equity ETF (NYSEARCA:BKIE) Sees Significant Growth in Short Interest

BNY Mellon International Equity ETF (NYSEARCA:BKIE) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 41,061 shares, a growth of 267.7% from the June 30th total of 11,167 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 64,572 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On BNY Mellon International Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in BKIE. CWM LLC bought a new stake in BNY Mellon International Equity ETF during the fourth quarter valued at $34,000. Rockefeller Capital Management L.P. grew its position in BNY Mellon International Equity ETF by 57.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 503 shares of the company’s stock worth $47,000 after buying an additional 183 shares in the last quarter. Arlington Trust Co LLC bought a new position in BNY Mellon International Equity ETF in the 2nd quarter worth about $101,000. Capital Analysts LLC bought a new position in BNY Mellon International Equity ETF in the 4th quarter worth about $131,000. Finally, Birchwood Financial Partners Inc. purchased a new stake in shares of BNY Mellon International Equity ETF in the 4th quarter valued at about $169,000.

BNY Mellon International Equity ETF Stock Performance

NYSEARCA BKIE traded up $0.19 on Friday, hitting $33.22. The stock had a trading volume of 431,840 shares, compared to its average volume of 267,693. The firm has a 50-day moving average of $33.27 and a 200-day moving average of $32.61. BNY Mellon International Equity ETF has a 52-week low of $27.64 and a 52-week high of $34.02. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 16.44 and a beta of 0.79.

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.