BNY Mellon Concentrated Growth ETF (NYSEARCA:BKCG) Sees Large Growth in Short Interest

BNY Mellon Concentrated Growth ETF (NYSEARCA:BKCG) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 159 shares, an increase of ∞ from the June 30th total of 0 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 2,062 shares, the short-interest ratio is presently 0.1 days.

BNY Mellon Concentrated Growth ETF Stock Performance

BKCG traded up $0.49 on Thursday, reaching $37.69. The company had a trading volume of 1,754 shares, compared to its average volume of 2,650. The business has a 50 day simple moving average of $37.55 and a 200 day simple moving average of $36.66. The company has a market cap of $117.97 million, a price-to-earnings ratio of 32.83 and a beta of 1.06. BNY Mellon Concentrated Growth ETF has a 52-week low of $32.94 and a 52-week high of $38.58.

Institutional Trading of BNY Mellon Concentrated Growth ETF

Several institutional investors and hedge funds have recently made changes to their positions in BKCG. FSA Wealth Management LLC bought a new stake in shares of BNY Mellon Concentrated Growth ETF during the 3rd quarter worth $26,000. Allworth Financial LP purchased a new stake in BNY Mellon Concentrated Growth ETF during the fourth quarter valued at about $27,000. Raymond James Financial Inc. raised its position in BNY Mellon Concentrated Growth ETF by 7.5% during the third quarter. Raymond James Financial Inc. now owns 11,009 shares of the company’s stock valued at $393,000 after purchasing an additional 772 shares in the last quarter. Advisory Services Network LLC bought a new stake in BNY Mellon Concentrated Growth ETF during the third quarter worth about $37,000. Finally, Osaic Holdings Inc. lifted its stake in BNY Mellon Concentrated Growth ETF by 23.2% during the fourth quarter. Osaic Holdings Inc. now owns 10,512 shares of the company’s stock worth $383,000 after purchasing an additional 1,978 shares during the last quarter.

About BNY Mellon Concentrated Growth ETF

The BNY Mellon ETF Trust II – Concentrated Growth ETF (BKCG) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.