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

BNY Mellon Concentrated Growth ETF (NYSEARCA:BKCG) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 128 shares. Based on an average daily volume of 3,607 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of BNY Mellon Concentrated Growth ETF

An institutional investor recently bought a new position in BNY Mellon Concentrated Growth ETF stock. NorthRock Partners LLC bought a new stake in BNY Mellon Concentrated Growth ETF (NYSEARCA:BKCG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,502 shares of the company’s stock, valued at approximately $205,000. NorthRock Partners LLC owned about 0.18% of BNY Mellon Concentrated Growth ETF as of its most recent SEC filing.

BNY Mellon Concentrated Growth ETF Stock Down 1.3%

Shares of BKCG stock traded down $0.51 during trading on Wednesday, hitting $39.56. The company had a trading volume of 488 shares, compared to its average volume of 2,543. The stock’s 50-day moving average is $39.34 and its two-hundred day moving average is $37.88. The stock has a market capitalization of $121.45 million, a price-to-earnings ratio of 32.83 and a beta of 0.99. BNY Mellon Concentrated Growth ETF has a 52 week low of $32.94 and a 52 week high of $40.42.

BNY Mellon Concentrated Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a $0.0386 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.15 dividend on an annualized basis and a yield of 0.4%. This is a drop from BNY Mellon Concentrated Growth ETF’s previous quarterly dividend of $0.0640.

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.