BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) Short Interest Up 113.0% in May

BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 5,562 shares, a growth of 113.0% from the April 30th total of 2,611 shares. Based on an average trading volume of 6,095 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Royal Bank of Canada increased its holdings in BNY Mellon Concentrated International ETF by 811.8% in the 1st quarter. Royal Bank of Canada now owns 121,601 shares of the company’s stock worth $5,811,000 after buying an additional 108,264 shares in the last quarter. Orion Porfolio Solutions LLC increased its stake in BNY Mellon Concentrated International ETF by 67.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 207,294 shares of the company’s stock worth $10,288,000 after buying an additional 83,565 shares during the period. Bank of America Corp DE lifted its position in shares of BNY Mellon Concentrated International ETF by 2,013.9% in the 2nd quarter. Bank of America Corp DE now owns 43,926 shares of the company’s stock worth $2,256,000 after purchasing an additional 41,848 shares during the period. Harbor Group Inc. grew its holdings in BNY Mellon Concentrated International ETF by 4.2% in the fourth quarter. Harbor Group Inc. now owns 944,276 shares of the company’s stock worth $48,696,000 after purchasing an additional 37,818 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in BNY Mellon Concentrated International ETF in the 3rd quarter worth $1,528,000.

BNY Mellon Concentrated International ETF Trading Down 0.2%

Shares of NYSEARCA:BKCI traded down $0.09 during trading on Tuesday, reaching $53.56. The company had a trading volume of 2,433 shares, compared to its average volume of 17,963. The stock has a market capitalization of $136.58 million, a P/E ratio of 23.08 and a beta of 0.86. BNY Mellon Concentrated International ETF has a 12 month low of $47.83 and a 12 month high of $54.14. The company has a fifty day moving average of $51.49 and a two-hundred day moving average of $51.82.

About BNY Mellon Concentrated International ETF

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.