BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) Short Interest Up 129.5% in July

BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,751 shares, an increase of 129.5% from the June 30th total of 763 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 3,785 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of BNY Mellon Concentrated International ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada raised its holdings in shares of BNY Mellon Concentrated International ETF by 811.8% in the first quarter. Royal Bank of Canada now owns 121,601 shares of the company’s stock valued at $5,811,000 after buying an additional 108,264 shares during the last quarter. Orion Porfolio Solutions LLC boosted its position in shares of BNY Mellon Concentrated International ETF by 67.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 207,294 shares of the company’s stock worth $10,288,000 after purchasing an additional 83,565 shares in the last quarter. Bank of America Corp DE grew its position in BNY Mellon Concentrated International ETF by 2,013.9% during the second quarter. Bank of America Corp DE now owns 43,926 shares of the company’s stock worth $2,256,000 after buying an additional 41,848 shares during the period. Citadel Advisors LLC acquired a new stake in shares of BNY Mellon Concentrated International ETF in the 3rd quarter worth approximately $1,528,000. Finally, Jane Street Group LLC acquired a new stake in BNY Mellon Concentrated International ETF in the fourth quarter valued at $837,000.

BNY Mellon Concentrated International ETF Price Performance

Shares of BNY Mellon Concentrated International ETF stock traded up $0.19 during trading hours on Tuesday, hitting $52.61. The company had a trading volume of 394 shares, compared to its average volume of 15,457. BNY Mellon Concentrated International ETF has a twelve month low of $47.83 and a twelve month high of $54.30. The company has a market cap of $131.53 million, a P/E ratio of 23.08 and a beta of 0.85. The company’s 50-day moving average is $53.20 and its two-hundred day moving average is $52.28.

About BNY Mellon Concentrated International ETF

The BNY Mellon Concentrated International ETF (BKCI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund relying heavily on fundamental research to select a narrow basket of stocks, of any market capitalization, from developed markets outside of the US. BKCI was launched on Dec 6, 2021 and is managed by BNY Mellon.