BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) Short Interest Down 54.2% in December

BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 1,527 shares, a decrease of 54.2% from the November 30th total of 3,335 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 7,444 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 7,444 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

BNY Mellon Concentrated International ETF Stock Performance

NYSEARCA BKCI opened at $52.61 on Friday. BNY Mellon Concentrated International ETF has a 52-week low of $42.85 and a 52-week high of $53.15. The stock has a market cap of $184.14 million, a PE ratio of 23.08 and a beta of 0.87. The firm has a 50-day moving average of $51.68 and a 200-day moving average of $51.33.

Hedge Funds Weigh In On BNY Mellon Concentrated International ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Park Avenue Securities LLC acquired a new stake in BNY Mellon Concentrated International ETF in the 2nd quarter worth about $573,000. Pathway Financial Advisors LLC grew its position in shares of BNY Mellon Concentrated International ETF by 240.8% during the 2nd quarter. Pathway Financial Advisors LLC now owns 139,482 shares of the company’s stock worth $7,162,000 after purchasing an additional 98,560 shares in the last quarter. Harbor Group Inc. increased its holdings in shares of BNY Mellon Concentrated International ETF by 3.7% during the third quarter. Harbor Group Inc. now owns 906,458 shares of the company’s stock worth $46,706,000 after purchasing an additional 32,759 shares during the period. Crux Wealth Advisors increased its holdings in shares of BNY Mellon Concentrated International ETF by 126.8% during the second quarter. Crux Wealth Advisors now owns 61,414 shares of the company’s stock worth $3,154,000 after purchasing an additional 34,337 shares during the period. Finally, Kestra Advisory Services LLC raised its position in shares of BNY Mellon Concentrated International ETF by 4.6% in the first quarter. Kestra Advisory Services LLC now owns 71,630 shares of the company’s stock valued at $3,423,000 after buying an additional 3,133 shares in the last quarter.

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.