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

BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 15,972 shares, a growth of 52.2% from the February 26th total of 10,495 shares. Currently, 2.9% of the shares of the stock are sold short. Based on an average daily volume of 3,075 shares, the days-to-cover ratio is currently 5.2 days.

BNY Mellon US Small Cap Core Equity ETF Price Performance

Shares of BNY Mellon US Small Cap Core Equity ETF stock opened at $111.71 on Monday. BNY Mellon US Small Cap Core Equity ETF has a 1 year low of $79.54 and a 1 year high of $124.00. The firm has a market cap of $61.44 million, a PE ratio of 15.47 and a beta of 1.11. The company has a 50 day simple moving average of $117.90 and a two-hundred day simple moving average of $114.21.

Institutional Trading of BNY Mellon US Small Cap Core Equity ETF

A number of hedge funds have recently made changes to their positions in the stock. Flow Traders U.S. LLC grew its position in BNY Mellon US Small Cap Core Equity ETF by 342.1% in the second quarter. Flow Traders U.S. LLC now owns 22,342 shares of the company’s stock worth $2,232,000 after acquiring an additional 17,288 shares in the last quarter. Citadel Advisors LLC raised its position in BNY Mellon US Small Cap Core Equity ETF by 148.5% during the third quarter. Citadel Advisors LLC now owns 15,956 shares of the company’s stock valued at $1,758,000 after purchasing an additional 9,534 shares in the last quarter. Symphony Financial Ltd. Co. purchased a new stake in BNY Mellon US Small Cap Core Equity ETF during the third quarter valued at about $582,000. Royal Bank of Canada lifted its stake in BNY Mellon US Small Cap Core Equity ETF by 13.3% during the first quarter. Royal Bank of Canada now owns 39,195 shares of the company’s stock worth $3,656,000 after purchasing an additional 4,604 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC bought a new stake in BNY Mellon US Small Cap Core Equity ETF during the third quarter worth about $265,000.

About BNY Mellon US Small Cap Core Equity ETF

The BNY Mellon US Small Cap Core Equity ETF (BKSE) is an exchange-traded fund that is based on the Morningstar US Small Cap index, a market-cap-weighted index of small-cap stocks that cover the bottom 3-10% capitalization of the US equity market. BKSE was launched on Apr 9, 2020 and is managed by BNY Mellon.