BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Stock Short Interest Report for September

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 2,739 shares, an increase of 71.6% from the September 15th total of 1,596 shares. Based on an average daily volume of 54,804 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

BNY Mellon US Mid Cap Core Equity ETF Stock Performance

Shares of BKMC stock traded down $0.42 during mid-day trading on Friday, hitting $38.48. The company’s stock had a trading volume of 17,494 shares, compared to its average volume of 85,223. The stock has a market cap of $635.30 million, a price-to-earnings ratio of 19.73 and a beta of 1.02. The business has a 50-day moving average price of $40.06 and a 200 day moving average price of $39.79. BNY Mellon US Mid Cap Core Equity ETF has a 52-week low of $34.30 and a 52-week high of $42.07.

BNY Mellon US Mid Cap Core Equity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.1386 dividend. This represents a $0.55 annualized dividend and a dividend yield of 1.4%. This is a decrease from BNY Mellon US Mid Cap Core Equity ETF’s previous quarterly dividend of $0.3775. The ex-dividend date of this dividend was Thursday, October 1st.

Hedge Funds Weigh In On BNY Mellon US Mid Cap Core Equity ETF

Several large investors have recently made changes to their positions in the business. Patriot Investment Management Group Inc. increased its position in BNY Mellon US Mid Cap Core Equity ETF by 200.0% in the third quarter. Patriot Investment Management Group Inc. now owns 6,000 shares of the company’s stock worth $232,000 after purchasing an additional 4,000 shares during the last quarter. Krilogy Financial LLC lifted its position in shares of BNY Mellon US Mid Cap Core Equity ETF by 198.2% during the third quarter. Krilogy Financial LLC now owns 6,591 shares of the company’s stock valued at $256,000 after buying an additional 4,381 shares during the last quarter. Citadel Advisors LLC lifted its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 53.7% during the 2nd quarter. Citadel Advisors LLC now owns 7,428 shares of the company’s stock valued at $920,000 after purchasing an additional 2,594 shares during the last quarter. Arlington Trust Co LLC purchased a new position in shares of BNY Mellon US Mid Cap Core Equity ETF in the second quarter worth $156,000. Finally, Cetera Investment Advisers lifted its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 6.9% during the first quarter. Cetera Investment Advisers now owns 9,554 shares of the company’s stock worth $1,054,000 after purchasing an additional 613 shares during the period.

BNY Mellon US Mid Cap Core Equity ETF Company Profile

The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.