Short Interest in BNY Mellon International Equity ETF (NYSEARCA:BKIE) Decreases By 37.0%

BNY Mellon International Equity ETF (NYSEARCA:BKIE) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 14,417 shares, a decline of 37.0% from the April 30th total of 22,884 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 60,059 shares, the days-to-cover ratio is currently 0.2 days.

BNY Mellon International Equity ETF Trading Up 0.7%

Shares of BKIE opened at $100.46 on Wednesday. The firm has a market capitalization of $1.24 billion, a P/E ratio of 16.44 and a beta of 0.79. BNY Mellon International Equity ETF has a 12-month low of $82.45 and a 12-month high of $101.87. The firm has a fifty day moving average price of $96.97 and a 200-day moving average price of $95.58.

Institutional Trading of BNY Mellon International Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in BKIE. Creative Financial Designs Inc. ADV raised its holdings in shares of BNY Mellon International Equity ETF by 95.5% in the third quarter. Creative Financial Designs Inc. ADV now owns 390,947 shares of the company’s stock valued at $35,009,000 after acquiring an additional 191,020 shares in the last quarter. Wealth Forward LLC bought a new stake in shares of BNY Mellon International Equity ETF in the third quarter valued at about $6,158,000. IFC & Insurance Marketing Inc. bought a new stake in shares of BNY Mellon International Equity ETF in the fourth quarter valued at about $6,180,000. Jane Street Group LLC raised its holdings in shares of BNY Mellon International Equity ETF by 203.3% in the second quarter. Jane Street Group LLC now owns 94,364 shares of the company’s stock valued at $8,131,000 after acquiring an additional 63,247 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of BNY Mellon International Equity ETF by 126.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 97,794 shares of the company’s stock valued at $9,052,000 after acquiring an additional 54,642 shares in the last quarter.

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.