BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) Sees Large Decrease in Short Interest

BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 763 shares, a drop of 39.1% from the June 15th total of 1,253 shares. Based on an average trading volume of 11,215 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

BNY Mellon Concentrated International ETF Stock Down 0.4%

Shares of NYSEARCA BKCI traded down $0.23 during trading on Friday, reaching $53.10. 852 shares of the stock were exchanged, compared to its average volume of 15,669. The company has a market capitalization of $132.75 million, a price-to-earnings ratio of 23.08 and a beta of 0.85. The business’s 50-day moving average price is $53.18 and its 200 day moving average price is $52.25. BNY Mellon Concentrated International ETF has a twelve month low of $47.83 and a twelve month high of $54.30.

Institutional Trading of BNY Mellon Concentrated International ETF

Several large investors have recently modified their holdings of the business. Bank of America Corp DE grew its stake in BNY Mellon Concentrated International ETF by 148.7% during the 1st quarter. Bank of America Corp DE now owns 24,038 shares of the company’s stock valued at $1,189,000 after purchasing an additional 14,371 shares in the last quarter. World Equity Group Inc. purchased a new position in shares of BNY Mellon Concentrated International ETF during the 1st quarter valued at approximately $339,000. Rockefeller Capital Management L.P. boosted its stake in shares of BNY Mellon Concentrated International ETF by 33.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 5,366 shares of the company’s stock valued at $277,000 after buying an additional 1,336 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of BNY Mellon Concentrated International ETF during the fourth quarter worth approximately $75,000. Finally, Jane Street Group LLC acquired a new stake in shares of BNY Mellon Concentrated International ETF during the fourth quarter worth approximately $837,000.

BNY Mellon Concentrated International ETF Company Profile

The BNY Mellon Concentrated International ETF (BKCI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund relying heavily on fundamental research to select a narrow basket of stocks, of any market capitalization, from developed markets outside of the US. BKCI was launched on Dec 6, 2021 and is managed by BNY Mellon.