BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) Short Interest Down 43.2% in August

BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 826 shares, a decline of 43.2% from the August 15th total of 1,455 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,911 shares, the days-to-cover ratio is currently 0.3 days.

BNY Mellon US Small Cap Core Equity ETF Stock Performance

BNY Mellon US Small Cap Core Equity ETF stock traded up $0.18 during midday trading on Thursday, hitting $42.77. 3,404 shares of the company were exchanged, compared to its average volume of 7,368. The firm has a market capitalization of $128.27 million, a PE ratio of 15.47 and a beta of 1.06. BNY Mellon US Small Cap Core Equity ETF has a fifty-two week low of $35.00 and a fifty-two week high of $46.02. The business has a fifty day simple moving average of $44.41 and a two-hundred day simple moving average of $42.21.

BNY Mellon US Small Cap Core Equity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.4233 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $1.69 annualized dividend and a yield of 4.0%. This is a boost from BNY Mellon US Small Cap Core Equity ETF’s previous quarterly dividend of $0.34.

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

Institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC lifted its position in shares of BNY Mellon US Small Cap Core Equity ETF by 3.0% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 8,018 shares of the company’s stock valued at $1,078,000 after buying an additional 230 shares in the last quarter. Symphony Financial Ltd. Co. increased its holdings in BNY Mellon US Small Cap Core Equity ETF by 3.9% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 6,907 shares of the company’s stock worth $924,000 after acquiring an additional 261 shares in the last quarter. Cetera Investment Advisers increased its holdings in BNY Mellon US Small Cap Core Equity ETF by 12.6% in the 1st quarter. Cetera Investment Advisers now owns 6,408 shares of the company’s stock worth $730,000 after acquiring an additional 716 shares in the last quarter. Accredited Investors Inc. acquired a new position in BNY Mellon US Small Cap Core Equity ETF during the first quarter worth $233,000. Finally, Bank of America Corp DE raised its position in BNY Mellon US Small Cap Core Equity ETF by 55.1% during the first quarter. Bank of America Corp DE now owns 9,353 shares of the company’s stock worth $1,065,000 after acquiring an additional 3,321 shares during the period.

About BNY Mellon US Small Cap Core Equity ETF

The BNY Mellon US Small Cap Core Equity ETF (BKSE) is an exchange-traded fund that is based on the Morningstar US Small Cap index, a market-cap-weighted index of small-cap stocks that cover the bottom 3-10% capitalization of the US equity market. BKSE was launched on Apr 9, 2020 and is managed by BNY Mellon.