BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Sees Significant Growth in Short Interest

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 776,700 shares, a growth of 724.5% from the August 31st total of 94,200 shares. Based on an average daily trading volume, of 128,200 shares, the days-to-cover ratio is presently 6.1 days. Based on an average daily trading volume, of 128,200 shares, the days-to-cover ratio is presently 6.1 days.

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

Large investors have recently modified their holdings of the company. Creekmur Asset Management LLC purchased a new position in shares of BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter worth about $33,000. FSA Wealth Management LLC purchased a new position in shares of BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter worth about $37,000. Carolina Wealth Advisors LLC purchased a new position in shares of BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter worth about $106,000. Define Financial LLC purchased a new position in shares of BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter worth about $202,000. Finally, Sequoia Financial Advisors LLC purchased a new position in shares of BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter worth about $218,000.

BNY Mellon US Large Cap Core Equity ETF Trading Up 0.1%

NYSEARCA BKLC opened at $128.52 on Friday. The business’s 50-day moving average price is $124.34 and its 200 day moving average price is $115.60. BNY Mellon US Large Cap Core Equity ETF has a twelve month low of $91.90 and a twelve month high of $128.84. The company has a market capitalization of $3.93 billion, a PE ratio of 25.44 and a beta of 1.03.

BNY Mellon US Large Cap Core Equity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be issued a $0.3264 dividend. This represents a $1.31 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Wednesday, October 1st.

BNY Mellon US Large Cap Core Equity ETF Company Profile

The BNY Mellon US Large Cap Core Equity ETF (BKLC) is an exchange-traded fund that is based on the Morningstar U.S. Large Cap index, a market-cap-weighted index of large-cap stocks that represent the top 70% of the US equity market, in terms of capitalization. BKLC was launched on Apr 9, 2020 and is managed by BNY Mellon.