BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Short Interest Update

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 34,437 shares, an increase of 1,818.5% from the March 31st total of 1,795 shares. Based on an average daily volume of 184,487 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.7% of the company’s shares are sold short.

BNY Mellon US Mid Cap Core Equity ETF Stock Performance

BNY Mellon US Mid Cap Core Equity ETF stock opened at $117.22 on Friday. BNY Mellon US Mid Cap Core Equity ETF has a 1 year low of $91.74 and a 1 year high of $119.64. The firm has a 50 day moving average price of $113.96 and a 200 day moving average price of $112.02. The company has a market cap of $620.09 million, a price-to-earnings ratio of 19.73 and a beta of 1.05.

Institutional Investors Weigh In On BNY Mellon US Mid Cap Core Equity ETF

A number of institutional investors have recently bought and sold shares of the stock. Key Financial Inc grew its holdings in BNY Mellon US Mid Cap Core Equity ETF by 78.8% in the first quarter. Key Financial Inc now owns 7,253 shares of the company’s stock valued at $800,000 after purchasing an additional 3,196 shares during the period. Krilogy Financial LLC purchased a new stake in BNY Mellon US Mid Cap Core Equity ETF during the first quarter worth approximately $267,000. Rockefeller Capital Management L.P. grew its stake in BNY Mellon US Mid Cap Core Equity ETF by 56.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 532 shares of the company’s stock worth $58,000 after buying an additional 192 shares during the period. Royal Bank of Canada grew its stake in BNY Mellon US Mid Cap Core Equity ETF by 129.8% during the fourth quarter. Royal Bank of Canada now owns 2,116 shares of the company’s stock worth $231,000 after buying an additional 1,195 shares during the period. Finally, Insigneo Advisory Services LLC purchased a new stake in BNY Mellon US Mid Cap Core Equity ETF during the fourth quarter worth approximately $541,000.

BNY Mellon US Mid Cap Core Equity ETF Company Profile

The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.