Short Interest in BNY Mellon International Equity ETF (NYSEARCA:BKIE) Expands By 6,029.2%

BNY Mellon International Equity ETF (NYSEARCA:BKIE) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 1,473,636 shares, a growth of 6,029.2% from the March 31st total of 24,043 shares. Based on an average daily trading volume, of 203,096 shares, the days-to-cover ratio is currently 7.3 days. Currently, 11.9% of the company’s shares are short sold.

Hedge Funds Weigh In On BNY Mellon International Equity ETF

Hedge funds have recently added to or reduced their stakes in the stock. Capital Investment Advisors LLC lifted its stake in BNY Mellon International Equity ETF by 103.7% in the third quarter. Capital Investment Advisors LLC now owns 12,375 shares of the company’s stock valued at $1,108,000 after buying an additional 6,300 shares during the period. Integrated Wealth Concepts LLC increased its holdings in shares of BNY Mellon International Equity ETF by 5.3% in the third quarter. Integrated Wealth Concepts LLC now owns 582,641 shares of the company’s stock worth $52,176,000 after acquiring an additional 29,191 shares in the last quarter. MGO One Seven LLC increased its holdings in shares of BNY Mellon International Equity ETF by 5.2% in the third quarter. MGO One Seven LLC now owns 431,756 shares of the company’s stock worth $38,664,000 after acquiring an additional 21,215 shares in the last quarter. Flagship Wealth Advisors LLC increased its holdings in shares of BNY Mellon International Equity ETF by 12.7% in the third quarter. Flagship Wealth Advisors LLC now owns 52,399 shares of the company’s stock worth $4,692,000 after acquiring an additional 5,891 shares in the last quarter. Finally, Stratos Wealth Partners LTD. increased its holdings in shares of BNY Mellon International Equity ETF by 56.8% in the fourth quarter. Stratos Wealth Partners LTD. now owns 52,855 shares of the company’s stock worth $4,892,000 after acquiring an additional 19,153 shares in the last quarter.

BNY Mellon International Equity ETF Trading Up 0.7%

NYSEARCA:BKIE opened at $97.40 on Friday. BNY Mellon International Equity ETF has a 1-year low of $78.67 and a 1-year high of $101.87. The business’s 50-day moving average price is $96.40 and its two-hundred day moving average price is $94.03. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 16.44 and a beta of 0.81.

About BNY Mellon International Equity ETF

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.