BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) Short Interest Up 129.5% in July

BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 1,751 shares, a growth of 129.5% from the June 30th total of 763 shares. Based on an average daily trading volume, of 3,785 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On BNY Mellon Concentrated International ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BKCI. Orion Porfolio Solutions LLC grew its stake in shares of BNY Mellon Concentrated International ETF by 67.5% during the second quarter. Orion Porfolio Solutions LLC now owns 207,294 shares of the company’s stock worth $10,288,000 after purchasing an additional 83,565 shares in the last quarter. HighTower Advisors LLC raised its stake in BNY Mellon Concentrated International ETF by 4.0% in the fourth quarter. HighTower Advisors LLC now owns 156,015 shares of the company’s stock valued at $8,046,000 after buying an additional 5,943 shares in the last quarter. Royal Bank of Canada raised its stake in BNY Mellon Concentrated International ETF by 811.8% in the first quarter. Royal Bank of Canada now owns 121,601 shares of the company’s stock valued at $5,811,000 after buying an additional 108,264 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in BNY Mellon Concentrated International ETF by 1.2% during the 4th quarter. JPMorgan Chase & Co. now owns 108,931 shares of the company’s stock worth $5,618,000 after buying an additional 1,338 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in BNY Mellon Concentrated International ETF by 9.1% during the 2nd quarter. Jane Street Group LLC now owns 45,374 shares of the company’s stock worth $2,330,000 after buying an additional 3,794 shares during the last quarter.

BNY Mellon Concentrated International ETF Stock Up 0.4%

BNY Mellon Concentrated International ETF stock traded up $0.19 during trading on Tuesday, reaching $52.61. The stock had a trading volume of 394 shares, compared to its average volume of 15,457. BNY Mellon Concentrated International ETF has a 52-week low of $47.83 and a 52-week high of $54.30. The business has a 50 day moving average price of $53.20 and a 200 day moving average price of $52.28. The stock has a market cap of $131.53 million, a PE ratio of 23.08 and a beta of 0.85.

BNY Mellon Concentrated International ETF Company Profile

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.