BNY Mellon International Equity ETF (NYSEARCA:BKIE) Short Interest Up 35.1% in February

BNY Mellon International Equity ETF (NYSEARCA:BKIE) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 85,603 shares, a growth of 35.1% from the February 12th total of 63,349 shares. Based on an average daily volume of 39,594 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.7% of the shares of the stock are short sold. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily volume of 39,594 shares, the days-to-cover ratio is presently 2.2 days.

BNY Mellon International Equity ETF Price Performance

Shares of BNY Mellon International Equity ETF stock opened at $94.47 on Tuesday. The firm has a 50 day simple moving average of $97.43 and a 200 day simple moving average of $92.83. BNY Mellon International Equity ETF has a fifty-two week low of $68.09 and a fifty-two week high of $101.87. The firm has a market cap of $1.17 billion, a P/E ratio of 16.44 and a beta of 0.85.

BNY Mellon International Equity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Monday, December 29th were paid a $1.0429 dividend. This is an increase from BNY Mellon International Equity ETF’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend was Monday, December 29th. This represents a $4.17 annualized dividend and a dividend yield of 4.4%.

Hedge Funds Weigh In On BNY Mellon International Equity ETF

Several large investors have recently made changes to their positions in BKIE. Birchbrook Inc. acquired a new stake in BNY Mellon International Equity ETF in the third quarter worth about $25,000. CWM LLC bought a new stake in BNY Mellon International Equity ETF during the 4th quarter worth about $34,000. Tortoise Investment Management LLC acquired a new position in BNY Mellon International Equity ETF during the 3rd quarter valued at about $38,000. Key Financial Inc boosted its stake in shares of BNY Mellon International Equity ETF by 36.6% in the 3rd quarter. Key Financial Inc now owns 653 shares of the company’s stock valued at $59,000 after purchasing an additional 175 shares during the last quarter. Finally, Total Investment Management Inc. bought a new position in shares of BNY Mellon International Equity ETF in the 2nd quarter valued at about $119,000.

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.