BNY Mellon Concentrated Growth ETF (NYSEARCA:BKCG) Short Interest Up 239.8% in August

BNY Mellon Concentrated Growth ETF (NYSEARCA:BKCG) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 333 shares, an increase of 239.8% from the July 30th total of 98 shares. Based on an average daily volume of 2,227 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

BNY Mellon Concentrated Growth ETF Price Performance

NYSEARCA:BKCG opened at $39.08 on Thursday. The firm has a market cap of $122.32 million, a price-to-earnings ratio of 32.83 and a beta of 1.01. The company has a 50 day moving average price of $38.17 and a 200-day moving average price of $36.98. BNY Mellon Concentrated Growth ETF has a 1-year low of $32.94 and a 1-year high of $39.98.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. FSA Wealth Management LLC acquired a new position in BNY Mellon Concentrated Growth ETF in the 3rd quarter worth about $26,000. Allworth Financial LP purchased a new stake in shares of BNY Mellon Concentrated Growth ETF in the fourth quarter valued at approximately $27,000. Advisory Services Network LLC purchased a new stake in shares of BNY Mellon Concentrated Growth ETF in the third quarter valued at approximately $37,000. Kestra Advisory Services LLC acquired a new stake in BNY Mellon Concentrated Growth ETF in the 4th quarter valued at $98,000. Finally, Osaic Holdings Inc. grew its position in shares of BNY Mellon Concentrated Growth ETF by 68.5% in the second quarter. Osaic Holdings Inc. now owns 8,529 shares of the company’s stock valued at $295,000 after purchasing an additional 3,467 shares during the period.

BNY Mellon Concentrated Growth ETF Company Profile

The BNY Mellon ETF Trust II – Concentrated Growth ETF (BKCG) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.