BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) Short Interest Update

BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 1,253 shares, a decline of 70.6% from the May 31st total of 4,263 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 8,799 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BKCI. Royal Bank of Canada increased its holdings in shares of BNY Mellon Concentrated International ETF by 811.8% in the first quarter. Royal Bank of Canada now owns 121,601 shares of the company’s stock worth $5,811,000 after buying an additional 108,264 shares during the period. JPMorgan Chase & Co. grew its position in BNY Mellon Concentrated International ETF by 13.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 99,753 shares of the company’s stock worth $5,122,000 after acquiring an additional 12,055 shares during the last quarter. Jane Street Group LLC lifted its position in BNY Mellon Concentrated International ETF by 9.1% in the second quarter. Jane Street Group LLC now owns 45,374 shares of the company’s stock valued at $2,330,000 after purchasing an additional 3,794 shares during the last quarter. Bank of America Corp DE lifted its position in BNY Mellon Concentrated International ETF by 2,013.9% in the second quarter. Bank of America Corp DE now owns 43,926 shares of the company’s stock valued at $2,256,000 after purchasing an additional 41,848 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its stake in shares of BNY Mellon Concentrated International ETF by 67.5% during the second quarter. Orion Porfolio Solutions LLC now owns 207,294 shares of the company’s stock valued at $10,288,000 after purchasing an additional 83,565 shares during the period.

BNY Mellon Concentrated International ETF Stock Down 0.1%

Shares of BNY Mellon Concentrated International ETF stock traded down $0.06 during trading on Friday, reaching $53.12. The company’s stock had a trading volume of 2,121 shares, compared to its average volume of 17,025. BNY Mellon Concentrated International ETF has a 52-week low of $47.83 and a 52-week high of $54.14. The firm’s 50-day moving average is $52.72 and its two-hundred day moving average is $52.08. The company has a market cap of $135.46 million, a price-to-earnings ratio of 23.08 and a beta of 0.85.

About BNY Mellon Concentrated International ETF

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.