Short Interest in BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Grows By 1,125.0%

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 4,900 shares, agrowthof1,125.0% from the June 30th total of 400 shares. Based on an average daily trading volume, of 37,600 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 37,600 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of BNY Mellon US Mid Cap Core Equity ETF

Hedge funds have recently modified their holdings of the company. Cetera Investment Advisers increased its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 32.6% during the fourth quarter. Cetera Investment Advisers now owns 5,476 shares of the company’s stock worth $556,000 after buying an additional 1,345 shares in the last quarter. LPL Financial LLC raised its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 56.3% in the fourth quarter. LPL Financial LLC now owns 4,101 shares of the company’s stock worth $417,000 after acquiring an additional 1,477 shares during the last quarter. Barclays PLC bought a new position in shares of BNY Mellon US Mid Cap Core Equity ETF in the fourth quarter worth about $68,000. RPOA Advisors Inc. raised its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 3.0% in the first quarter. RPOA Advisors Inc. now owns 4,063,387 shares of the company’s stock worth $388,541,000 after acquiring an additional 118,116 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 105.3% in the first quarter. Geneos Wealth Management Inc. now owns 61,264 shares of the company’s stock worth $5,858,000 after acquiring an additional 31,420 shares during the last quarter.

BNY Mellon US Mid Cap Core Equity ETF Trading Down 1.4%

NYSEARCA BKMC opened at $102.73 on Monday. The firm has a market cap of $549.61 million, a price-to-earnings ratio of 19.73 and a beta of 0.98. The company has a 50 day moving average of $102.11 and a 200-day moving average of $99.40. BNY Mellon US Mid Cap Core Equity ETF has a 1-year low of $82.26 and a 1-year high of $111.07.

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.