BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) Short Interest Down 80.7% in July

BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 1,575 shares, a decline of 80.7% from the July 15th total of 8,150 shares. Based on an average daily trading volume, of 7,478 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Trading of BNY Mellon US Small Cap Core Equity ETF

Several hedge funds have recently modified their holdings of BKSE. Bank of New York Mellon Corp raised its position in BNY Mellon US Small Cap Core Equity ETF by 31.1% in the 1st quarter. Bank of New York Mellon Corp now owns 170,437 shares of the company’s stock worth $19,415,000 after purchasing an additional 40,391 shares during the last quarter. Royal Bank of Canada boosted its position in BNY Mellon US Small Cap Core Equity ETF by 1.8% in the 4th quarter. Royal Bank of Canada now owns 41,355 shares of the company’s stock valued at $4,652,000 after buying an additional 713 shares during the last quarter. LPL Financial LLC boosted its position in BNY Mellon US Small Cap Core Equity ETF by 3.7% in the 4th quarter. LPL Financial LLC now owns 19,125 shares of the company’s stock valued at $2,152,000 after buying an additional 688 shares during the last quarter. Citadel Advisors LLC increased its stake in shares of BNY Mellon US Small Cap Core Equity ETF by 148.5% in the 3rd quarter. Citadel Advisors LLC now owns 15,956 shares of the company’s stock valued at $1,758,000 after buying an additional 9,534 shares during the period. Finally, Kestra Advisory Services LLC acquired a new stake in shares of BNY Mellon US Small Cap Core Equity ETF in the 1st quarter valued at $1,528,000.

BNY Mellon US Small Cap Core Equity ETF Stock Up 0.4%

Shares of NYSEARCA BKSE opened at $45.33 on Wednesday. BNY Mellon US Small Cap Core Equity ETF has a 12-month low of $34.29 and a 12-month high of $46.02. The firm’s 50-day simple moving average is $43.99 and its 200 day simple moving average is $41.43. The company has a market cap of $89.75 million, a price-to-earnings ratio of 15.47 and a beta of 1.06.

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.