BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) Short Interest Up 672.7% in January
by Kim Johansen · The Markets DailyBNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE – Get Free Report) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 12,503 shares, a growth of 672.7% from the December 31st total of 1,618 shares. Based on an average daily trading volume, of 3,107 shares, the short-interest ratio is presently 4.0 days. Approximately 2.3% of the shares of the stock are sold short. Approximately 2.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,107 shares, the short-interest ratio is presently 4.0 days.
BNY Mellon US Small Cap Core Equity ETF Trading Down 0.4%
Shares of BKSE stock traded down $0.51 during trading hours on Wednesday, hitting $119.12. The company’s stock had a trading volume of 3,699 shares, compared to its average volume of 2,750. The business has a fifty day moving average of $115.48 and a 200-day moving average of $110.31. BNY Mellon US Small Cap Core Equity ETF has a twelve month low of $79.54 and a twelve month high of $124.00. The stock has a market cap of $65.52 million, a price-to-earnings ratio of 15.47 and a beta of 1.11.
BNY Mellon US Small Cap Core Equity ETF Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were paid a dividend of $0.4435 per share. The ex-dividend date of this dividend was Monday, December 29th. This is an increase 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%.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC grew its holdings in shares of BNY Mellon US Small Cap Core Equity ETF by 342.1% during the second quarter. Flow Traders U.S. LLC now owns 22,342 shares of the company’s stock worth $2,232,000 after buying an additional 17,288 shares in the last quarter. Symphony Financial Ltd. Co. acquired a new stake in BNY Mellon US Small Cap Core Equity ETF during the third quarter worth approximately $582,000. Envestnet Asset Management Inc. grew its stake in BNY Mellon US Small Cap Core Equity ETF by 40.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,413 shares of the company’s stock worth $641,000 after acquiring an additional 1,857 shares during the period. Park Avenue Securities LLC acquired a new position in BNY Mellon US Small Cap Core Equity ETF in the 2nd quarter valued at $270,000. Finally, Crux Wealth Advisors lifted its stake in shares of BNY Mellon US Small Cap Core Equity ETF by 16.1% during the 2nd quarter. Crux Wealth Advisors now owns 5,198 shares of the company’s stock worth $519,000 after purchasing an additional 719 shares during the period.
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.