BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) Short Interest Down 59.5% in January

BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 5,067 shares, a drop of 59.5% from the January 15th total of 12,503 shares. Approximately 0.9% of the company’s shares are short sold. Based on an average daily trading volume, of 3,863 shares, the short-interest ratio is presently 1.3 days. Based on an average daily trading volume, of 3,863 shares, the short-interest ratio is presently 1.3 days. Approximately 0.9% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BKSE. Osaic Holdings Inc. raised its position in BNY Mellon US Small Cap Core Equity ETF by 11.4% during the 2nd quarter. Osaic Holdings Inc. now owns 4,866 shares of the company’s stock valued at $486,000 after purchasing an additional 496 shares in the last quarter. Crux Wealth Advisors grew its position in shares of BNY Mellon US Small Cap Core Equity ETF by 13.2% during the 3rd quarter. Crux Wealth Advisors now owns 5,882 shares of the company’s stock worth $648,000 after buying an additional 684 shares in the last quarter. LPL Financial LLC increased its stake in shares of BNY Mellon US Small Cap Core Equity ETF by 3.7% during the fourth quarter. LPL Financial LLC now owns 19,125 shares of the company’s stock valued at $2,152,000 after buying an additional 688 shares during the period. Sentinel Pension Advisors LLC increased its stake in shares of BNY Mellon US Small Cap Core Equity ETF by 17.2% during the third quarter. Sentinel Pension Advisors LLC now owns 4,715 shares of the company’s stock valued at $519,000 after buying an additional 692 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of BNY Mellon US Small Cap Core Equity ETF in the second quarter valued at about $81,000.

BNY Mellon US Small Cap Core Equity ETF Stock Performance

BNY Mellon US Small Cap Core Equity ETF stock traded up $1.10 during trading hours on Friday, hitting $120.22. The company had a trading volume of 15,076 shares, compared to its average volume of 5,269. The firm has a market cap of $66.12 million, a P/E ratio of 15.47 and a beta of 1.11. The company has a 50-day moving average price of $117.47 and a two-hundred day moving average price of $111.69. BNY Mellon US Small Cap Core Equity ETF has a 1 year low of $79.54 and a 1 year high of $124.00.

BNY Mellon US Small Cap Core Equity ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were issued a $0.4435 dividend. The ex-dividend date was Monday, December 29th. This is a positive change from BNY Mellon US Small Cap Core Equity ETF’s previous quarterly dividend of $0.40. This represents a $1.77 dividend on an annualized basis and a dividend yield of 1.5%.

About BNY Mellon US Small Cap Core Equity ETF

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.