Short Interest in BNY Mellon Concentrated Growth ETF (NYSEARCA:BKCG) Declines By 38.4%

BNY Mellon Concentrated Growth ETF (NYSEARCA:BKCG) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 98 shares, a drop of 38.4% from the July 15th total of 159 shares. Based on an average trading volume of 2,313 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

BNY Mellon Concentrated Growth ETF Trading Down 0.0%

NYSEARCA:BKCG opened at $39.05 on Thursday. The firm’s fifty day simple moving average is $37.99 and its 200 day simple moving average is $36.90. BNY Mellon Concentrated Growth ETF has a twelve month low of $32.94 and a twelve month high of $39.98. The firm has a market capitalization of $122.23 million, a price-to-earnings ratio of 32.83 and a beta of 1.01.

Institutional Trading of BNY Mellon Concentrated Growth ETF

Hedge funds have recently made changes to their positions in the company. FSA Wealth Management LLC acquired a new position in BNY Mellon Concentrated Growth ETF in the third quarter worth $26,000. Allworth Financial LP acquired a new stake in shares of BNY Mellon Concentrated Growth ETF during the fourth quarter worth $27,000. Advisory Services Network LLC bought a new position in shares of BNY Mellon Concentrated Growth ETF in the 3rd quarter worth about $37,000. Kestra Advisory Services LLC bought a new position in shares of BNY Mellon Concentrated Growth ETF in the 4th quarter worth about $98,000. Finally, Osaic Holdings Inc. boosted its holdings in shares of BNY Mellon Concentrated Growth ETF by 68.5% in the 2nd quarter. Osaic Holdings Inc. now owns 8,529 shares of the company’s stock valued at $295,000 after buying an additional 3,467 shares during the period.

About BNY Mellon Concentrated Growth ETF

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.