BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) Short Interest Up 129.5% in July

BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 1,751 shares, a growth of 129.5% from the June 30th total of 763 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 3,785 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On BNY Mellon Concentrated International ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Kestra Advisory Services LLC purchased a new stake in BNY Mellon Concentrated International ETF in the fourth quarter worth about $75,000. Rockefeller Capital Management L.P. grew its holdings in shares of BNY Mellon Concentrated International ETF by 33.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 5,366 shares of the company’s stock worth $277,000 after acquiring an additional 1,336 shares during the period. World Equity Group Inc. bought a new position in shares of BNY Mellon Concentrated International ETF in the 1st quarter worth approximately $339,000. Osaic Holdings Inc. raised its position in shares of BNY Mellon Concentrated International ETF by 438.9% in the 2nd quarter. Osaic Holdings Inc. now owns 7,749 shares of the company’s stock worth $398,000 after acquiring an additional 6,311 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of BNY Mellon Concentrated International ETF in the 4th quarter valued at approximately $837,000.

BNY Mellon Concentrated International ETF Stock Performance

NYSEARCA:BKCI traded down $0.10 during trading hours on Wednesday, reaching $53.23. The company’s stock had a trading volume of 1,563 shares, compared to its average volume of 15,305. The firm has a market capitalization of $133.07 million, a price-to-earnings ratio of 23.08 and a beta of 0.85. The firm has a 50-day simple moving average of $53.23 and a 200-day simple moving average of $52.29. BNY Mellon Concentrated International ETF has a 1 year low of $47.83 and a 1 year high of $54.30.

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.