BNY Mellon International Equity ETF (NYSEARCA:BKIE) Short Interest Update

BNY Mellon International Equity ETF (NYSEARCA:BKIE) was the recipient of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 85,603 shares, an increase of 35.1% from the February 12th total of 63,349 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 39,594 shares, the short-interest ratio is presently 2.2 days. Based on an average daily volume of 39,594 shares, the short-interest ratio is presently 2.2 days. Currently, 0.7% of the company’s stock are short sold.

BNY Mellon International Equity ETF Price Performance

BKIE stock traded up $1.64 during trading hours on Monday, reaching $94.41. 7,885 shares of the stock were exchanged, compared to its average volume of 76,854. The firm’s 50-day moving average is $97.42 and its 200-day moving average is $92.78. BNY Mellon International Equity ETF has a 12 month low of $68.09 and a 12 month high of $101.87. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 16.44 and a beta of 0.85.

BNY Mellon International Equity ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were issued a dividend of $1.0429 per share. The ex-dividend date was Monday, December 29th. This is a boost from BNY Mellon International Equity ETF’s previous quarterly dividend of $0.52. This represents a $4.17 dividend on an annualized basis and a dividend yield of 4.4%.

Institutional Investors Weigh In On BNY Mellon International Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. RPOA Advisors Inc. boosted its position in BNY Mellon International Equity ETF by 9.9% during the 3rd quarter. RPOA Advisors Inc. now owns 4,271,163 shares of the company’s stock worth $382,483,000 after acquiring an additional 385,468 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its position in shares of BNY Mellon International Equity ETF by 95.5% in the third quarter. Creative Financial Designs Inc. ADV now owns 390,947 shares of the company’s stock worth $35,009,000 after purchasing an additional 191,020 shares in the last quarter. Wealth Forward LLC acquired a new position in BNY Mellon International Equity ETF during the third quarter worth $6,158,000. IFC & Insurance Marketing Inc. bought a new position in BNY Mellon International Equity ETF in the fourth quarter valued at $6,180,000. Finally, Jane Street Group LLC grew its position in BNY Mellon International Equity ETF by 203.3% in the second quarter. Jane Street Group LLC now owns 94,364 shares of the company’s stock valued at $8,131,000 after purchasing an additional 63,247 shares in the last quarter.

About BNY Mellon International Equity ETF

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.