BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) Short Interest Up 43.1% in January

BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 2,817 shares, a growth of 43.1% from the December 31st total of 1,969 shares. Based on an average trading volume of 9,499 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 9,499 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of BKCI. Atlantic Union Bankshares Corp purchased a new stake in shares of BNY Mellon Concentrated International ETF in the third quarter valued at $67,000. Ameritas Advisory Services LLC bought a new position in BNY Mellon Concentrated International ETF during the 2nd quarter valued at about $108,000. Osaic Holdings Inc. raised its position in BNY Mellon Concentrated International ETF by 438.9% in the 2nd quarter. Osaic Holdings Inc. now owns 7,749 shares of the company’s stock worth $398,000 after purchasing an additional 6,311 shares during the period. Envestnet Asset Management Inc. raised its position in BNY Mellon Concentrated International ETF by 223.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 15,465 shares of the company’s stock worth $794,000 after purchasing an additional 10,681 shares during the period. Finally, Park Avenue Securities LLC lifted its stake in BNY Mellon Concentrated International ETF by 69.6% in the third quarter. Park Avenue Securities LLC now owns 18,908 shares of the company’s stock worth $974,000 after purchasing an additional 7,758 shares during the last quarter.

BNY Mellon Concentrated International ETF Price Performance

NYSEARCA:BKCI opened at $52.90 on Tuesday. The firm has a market capitalization of $185.15 million, a price-to-earnings ratio of 23.08 and a beta of 0.87. The business has a 50 day simple moving average of $52.26 and a 200-day simple moving average of $51.63. BNY Mellon Concentrated International ETF has a 1 year low of $42.85 and a 1 year high of $53.72.

BNY Mellon Concentrated International ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were given a $0.7157 dividend. The ex-dividend date was Monday, December 29th. This represents a yield of 138.0%.

BNY Mellon Concentrated International ETF Company Profile

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.