BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) Stock Short Interest Report for October

BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 14,692 shares, an increase of 964.6% from the September 30th total of 1,380 shares. Based on an average daily volume of 3,887 shares, the short-interest ratio is presently 3.8 days. Currently, 0.7% of the company’s shares are short sold.

BNY Mellon US Small Cap Core Equity ETF Price Performance

Shares of BKSE stock opened at $42.40 on Tuesday. The firm’s 50-day moving average is $42.95 and its two-hundred day moving average is $41.78. The company has a market capitalization of $85.22 million, a PE ratio of 15.47 and a beta of 1.08. BNY Mellon US Small Cap Core Equity ETF has a 12 month low of $35.00 and a 12 month high of $46.02.

BNY Mellon US Small Cap Core Equity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a $0.1457 dividend. This is a drop from BNY Mellon US Small Cap Core Equity ETF’s previous quarterly dividend of $0.4233. This represents a $0.58 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Thursday, October 1st.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Elm3 Financial Group LLC raised its position in BNY Mellon US Small Cap Core Equity ETF by 197.0% in the third quarter. Elm3 Financial Group LLC now owns 5,412 shares of the company’s stock valued at $225,000 after purchasing an additional 3,590 shares during the period. Accredited Investors Inc. purchased a new position in shares of BNY Mellon US Small Cap Core Equity ETF during the 1st quarter worth $233,000. Fifth Third Wealth Advisors LLC grew its holdings in shares of BNY Mellon US Small Cap Core Equity ETF by 200.0% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 7,224 shares of the company’s stock worth $300,000 after purchasing an additional 4,816 shares during the period. Cetera Investment Advisers grew its holdings in shares of BNY Mellon US Small Cap Core Equity ETF by 12.6% during the 1st quarter. Cetera Investment Advisers now owns 6,408 shares of the company’s stock worth $730,000 after purchasing an additional 716 shares during the period. Finally, Symphony Financial Ltd. Co. increased its position in shares of BNY Mellon US Small Cap Core Equity ETF by 3.9% during the 2nd quarter. Symphony Financial Ltd. Co. now owns 6,907 shares of the company’s stock worth $924,000 after purchasing an additional 261 shares during the last quarter.

BNY Mellon US Small Cap Core Equity ETF Company Profile

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.