Short Interest in BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) Increases By 19.2%

BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 10,495 shares, an increase of 19.2% from the February 12th total of 8,806 shares. Approximately 1.9% of the shares of the company are sold short. Based on an average daily volume of 1,976 shares, the days-to-cover ratio is presently 5.3 days. Based on an average daily volume of 1,976 shares, the days-to-cover ratio is presently 5.3 days. Approximately 1.9% of the shares of the company are sold short.

BNY Mellon US Small Cap Core Equity ETF Stock Performance

Shares of NYSEARCA:BKSE remained flat at $113.25 during trading on Tuesday. 767 shares of the stock traded hands, compared to its average volume of 4,129. The company has a 50 day simple moving average of $118.90 and a 200-day simple moving average of $113.88. BNY Mellon US Small Cap Core Equity ETF has a 52-week low of $79.54 and a 52-week high of $124.00. The firm has a market cap of $62.29 million, a price-to-earnings ratio of 15.47 and a beta of 1.11.

BNY Mellon US Small Cap Core Equity ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Monday, December 29th were issued a dividend of $0.4435 per share. This is an increase from BNY Mellon US Small Cap Core Equity ETF’s previous quarterly dividend of $0.40. This represents a $1.77 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Monday, December 29th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new stake in shares of BNY Mellon US Small Cap Core Equity ETF during the 2nd quarter valued at $81,000. Elm3 Financial Group LLC bought a new position in BNY Mellon US Small Cap Core Equity ETF in the 4th quarter worth $200,000. Fifth Third Wealth Advisors LLC bought a new position in BNY Mellon US Small Cap Core Equity ETF in the 3rd quarter worth $265,000. Park Avenue Securities LLC lifted its position in BNY Mellon US Small Cap Core Equity ETF by 61.5% during the third quarter. Park Avenue Securities LLC now owns 4,371 shares of the company’s stock valued at $482,000 after purchasing an additional 1,665 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its position in BNY Mellon US Small Cap Core Equity ETF by 11.4% during the second quarter. Osaic Holdings Inc. now owns 4,866 shares of the company’s stock valued at $486,000 after purchasing an additional 496 shares in the last quarter.

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.