BNY Mellon International Equity ETF (NYSEARCA:BKIE) Stock Short Interest Drops 91.6%

by · The Cerbat Gem

BNY Mellon International Equity ETF (NYSEARCA:BKIE – Get Free Report) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 26,919 shares, a decline of 91.6% from the August 31st total of 321,976 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 108,830 shares, the days-to-cover ratio is currently 0.2 days.

BNY Mellon International Equity ETF Stock Down 0.1%

Shares of BKIE traded down $0.03 on Thursday, reaching $33.69. The stock had a trading volume of 139,377 shares, compared to its average volume of 233,253. BNY Mellon International Equity ETF has a twelve month low of $28.96 and a twelve month high of $35.18. The firm has a market capitalization of $1.33 billion, a PE ratio of 16.44 and a beta of 0.79. The firm has a 50-day moving average of $34.27 and a 200 day moving average of $33.19.

BNY Mellon International Equity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a $0.8702 dividend. This represents a $3.48 annualized dividend and a yield of 10.3%. This is a positive change from BNY Mellon International Equity ETF’s previous quarterly dividend of $0.7629. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Certified Advisory Corp boosted its position in shares of BNY Mellon International Equity ETF by 317.0% in the 1st quarter. Certified Advisory Corp now owns 11,747 shares of the company’s stock worth $1,098,000 after buying an additional 8,930 shares in the last quarter. Flagship Wealth Advisors LLC raised its position in BNY Mellon International Equity ETF by 45.6% during the fourth quarter. Flagship Wealth Advisors LLC now owns 76,301 shares of the company’s stock worth $7,062,000 after acquiring an additional 23,902 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of BNY Mellon International Equity ETF by 4.4% in the second quarter. Integrated Wealth Concepts LLC now owns 570,178 shares of the company’s stock valued at $57,360,000 after purchasing an additional 23,995 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of BNY Mellon International Equity ETF by 126.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 97,794 shares of the company’s stock valued at $9,052,000 after purchasing an additional 54,642 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of BNY Mellon International Equity ETF by 109.0% during the 1st quarter. NewEdge Advisors LLC now owns 30,639 shares of the company’s stock worth $2,863,000 after purchasing an additional 15,978 shares in the last quarter.

BNY Mellon International Equity ETF Company Profile

(Get Free Report)

The BNY Mellon International Equity ETF (BKIE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a market-cap-weighted index of large-caps in the Developed Markets outside of US. BKIE was launched on Apr 24, 2020 and is managed by BNY Mellon.

Featured Stories