Short Interest in BNY Mellon International Equity ETF (NYSEARCA:BKIE) Decreases By 37.0%

BNY Mellon International Equity ETF (NYSEARCA:BKIE) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 14,417 shares, a decline of 37.0% from the April 30th total of 22,884 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 60,059 shares, the days-to-cover ratio is currently 0.2 days.

BNY Mellon International Equity ETF Stock Performance

Shares of BNY Mellon International Equity ETF stock opened at $100.46 on Wednesday. The company has a market capitalization of $1.24 billion, a PE ratio of 16.44 and a beta of 0.79. The company has a 50-day simple moving average of $96.97 and a two-hundred day simple moving average of $95.58. BNY Mellon International Equity ETF has a one year low of $82.45 and a one year high of $101.87.

Hedge Funds Weigh In On BNY Mellon International Equity ETF

Several hedge funds have recently modified their holdings of BKIE. Creative Financial Designs Inc. ADV increased its holdings in shares of BNY Mellon International Equity ETF by 95.5% during the third quarter. Creative Financial Designs Inc. ADV now owns 390,947 shares of the company’s stock valued at $35,009,000 after acquiring an additional 191,020 shares in the last quarter. Wealth Forward LLC acquired a new position in shares of BNY Mellon International Equity ETF during the third quarter valued at about $6,158,000. IFC & Insurance Marketing Inc. acquired a new position in shares of BNY Mellon International Equity ETF during the fourth quarter valued at about $6,180,000. Jane Street Group LLC increased its holdings in shares of BNY Mellon International Equity ETF by 203.3% during the second quarter. Jane Street Group LLC now owns 94,364 shares of the company’s stock valued at $8,131,000 after acquiring an additional 63,247 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of BNY Mellon International Equity ETF by 126.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 97,794 shares of the company’s stock valued at $9,052,000 after acquiring an additional 54,642 shares in the last quarter.

BNY Mellon International Equity ETF Company Profile

The BNY Mellon International Equity ETF (BKIE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a market-cap-weighted index of large-caps in the Developed Markets outside of US. BKIE was launched on Apr 24, 2020 and is managed by BNY Mellon.