BNY Mellon International Equity ETF (NYSEARCA:BKIE) Short Interest Down 17.0% in January

BNY Mellon International Equity ETF (NYSEARCA:BKIE) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 40,705 shares, a decrease of 17.0% from the December 31st total of 49,042 shares. Based on an average daily volume of 43,459 shares, the short-interest ratio is currently 0.9 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 43,459 shares, the short-interest ratio is currently 0.9 days.

BNY Mellon International Equity ETF Stock Performance

Shares of BKIE traded down $0.07 during mid-day trading on Tuesday, reaching $97.17. 15,769 shares of the company’s stock traded hands, compared to its average volume of 59,398. The business’s 50-day moving average price is $93.73 and its 200-day moving average price is $90.27. The stock has a market capitalization of $1.20 billion, a P/E ratio of 16.44 and a beta of 0.85. BNY Mellon International Equity ETF has a 12 month low of $68.09 and a 12 month high of $98.29.

BNY Mellon International Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Monday, December 29th were given a dividend of $1.0429 per share. This is a boost from BNY Mellon International Equity ETF’s previous quarterly dividend of $0.52. The ex-dividend date was Monday, December 29th. This represents a $4.17 dividend on an annualized basis and a yield of 4.3%.

Institutional Investors Weigh In On BNY Mellon International Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Key Financial Inc lifted its holdings in BNY Mellon International Equity ETF by 38.2% in the second quarter. Key Financial Inc now owns 478 shares of the company’s stock worth $41,000 after purchasing an additional 132 shares during the period. Birchbrook Inc. acquired a new stake in shares of BNY Mellon International Equity ETF in the 3rd quarter worth approximately $25,000. CWM LLC acquired a new stake in shares of BNY Mellon International Equity ETF in the 4th quarter worth approximately $34,000. Tortoise Investment Management LLC bought a new position in shares of BNY Mellon International Equity ETF in the third quarter valued at approximately $38,000. Finally, First Horizon Advisors Inc. acquired a new position in shares of BNY Mellon International Equity ETF during the second quarter valued at approximately $52,000.

BNY Mellon International Equity ETF Company Profile

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.