BNY Mellon International Equity ETF (NYSEARCA:BKIE) Sees Large Increase in Short Interest

BNY Mellon International Equity ETF (NYSEARCA:BKIE) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 43,333 shares, an increase of 200.6% from the May 14th total of 14,417 shares. Based on an average daily volume of 37,314 shares, the short-interest ratio is presently 1.2 days. Currently, 0.4% of the shares of the company are sold short.

BNY Mellon International Equity ETF Stock Up 0.4%

Shares of BKIE stock opened at $100.53 on Friday. The company has a 50 day moving average of $98.28 and a 200-day moving average of $96.16. The firm has a market cap of $1.24 billion, a P/E ratio of 16.44 and a beta of 0.79. BNY Mellon International Equity ETF has a 12-month low of $82.45 and a 12-month high of $101.87.

Hedge Funds Weigh In On BNY Mellon International Equity ETF

A number of large investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC boosted 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 during the period. MGO One Seven LLC boosted its holdings in shares of BNY Mellon International Equity ETF by 6.0% in the fourth quarter. MGO One Seven LLC now owns 457,785 shares of the company’s stock worth $42,373,000 after acquiring an additional 26,029 shares during the period. Creative Financial Designs Inc. ADV boosted its holdings in shares of BNY Mellon International Equity ETF by 5.1% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 410,898 shares of the company’s stock worth $38,033,000 after acquiring an additional 19,951 shares during the period. LPL Financial LLC boosted its holdings in shares of BNY Mellon International Equity ETF by 9.7% in the fourth quarter. LPL Financial LLC now owns 334,531 shares of the company’s stock worth $30,964,000 after acquiring an additional 29,469 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of BNY Mellon International Equity ETF by 2.7% in the fourth quarter. Bank of New York Mellon Corp now owns 232,351 shares of the company’s stock worth $21,506,000 after acquiring an additional 6,105 shares during the period.

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.