Short Interest in BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) Grows By 73.8%

BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 8,806 shares, a growth of 73.8% from the January 29th total of 5,067 shares. Based on an average trading volume of 9,022 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.6% of the company’s shares are short sold. Currently, 1.6% of the company’s shares are short sold. Based on an average trading volume of 9,022 shares, the days-to-cover ratio is presently 1.0 days.

BNY Mellon US Small Cap Core Equity ETF Stock Down 1.6%

Shares of BKSE stock traded down $1.98 during trading hours on Friday, hitting $119.44. 1,537 shares of the company’s stock traded hands, compared to its average volume of 4,498. The stock has a market cap of $65.69 million, a PE ratio of 15.47 and a beta of 1.11. The stock’s 50 day simple moving average is $118.60 and its 200 day simple moving average is $113.01. BNY Mellon US Small Cap Core Equity ETF has a 12 month low of $79.54 and a 12 month high of $124.00.

BNY Mellon US Small Cap Core Equity ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Monday, December 29th were issued a dividend of $0.4435 per share. This represents a $1.77 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Monday, December 29th. This is a boost from BNY Mellon US Small Cap Core Equity ETF’s previous quarterly dividend of $0.40.

Institutional Investors Weigh In On BNY Mellon US Small Cap Core Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada lifted its stake in shares of BNY Mellon US Small Cap Core Equity ETF by 13.3% in the first quarter. Royal Bank of Canada now owns 39,195 shares of the company’s stock worth $3,656,000 after acquiring an additional 4,604 shares during the period. Envestnet Asset Management Inc. raised its holdings in BNY Mellon US Small Cap Core Equity ETF by 40.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,413 shares of the company’s stock worth $641,000 after purchasing an additional 1,857 shares during the last quarter. Flow Traders U.S. LLC lifted its position in shares of BNY Mellon US Small Cap Core Equity ETF by 342.1% in the 2nd quarter. Flow Traders U.S. LLC now owns 22,342 shares of the company’s stock worth $2,232,000 after purchasing an additional 17,288 shares during the period. Raymond James Financial Inc. acquired a new position in shares of BNY Mellon US Small Cap Core Equity ETF in the 2nd quarter worth approximately $81,000. Finally, Osaic Holdings Inc. boosted its stake in shares of BNY Mellon US Small Cap Core Equity ETF by 11.4% in 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 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.