BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) Short Interest Update

BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) was the recipient of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 10,495 shares, a growth of 19.2% from the February 12th total of 8,806 shares. Based on an average daily trading volume, of 1,976 shares, the days-to-cover ratio is currently 5.3 days. Currently, 1.9% of the company’s shares are short sold. Currently, 1.9% of the company’s shares are short sold. Based on an average daily trading volume, of 1,976 shares, the days-to-cover ratio is currently 5.3 days.

BNY Mellon US Small Cap Core Equity ETF Price Performance

BKSE remained flat at $114.16 during midday trading on Wednesday. The company’s stock had a trading volume of 1,531 shares, compared to its average volume of 4,077. BNY Mellon US Small Cap Core Equity ETF has a 12-month low of $79.54 and a 12-month high of $124.00. The firm has a market cap of $62.79 million, a PE ratio of 15.47 and a beta of 1.11. The company’s 50 day simple moving average is $118.84 and its 200-day simple moving average is $113.93.

BNY Mellon US Small Cap Core Equity ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were given a $0.4435 dividend. The ex-dividend date was Monday, December 29th. This represents a $1.77 dividend on an annualized basis and a dividend yield of 1.6%. This is a positive change from BNY Mellon US Small Cap Core Equity ETF’s previous quarterly dividend of $0.40.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Cetera Investment Advisers raised its holdings in BNY Mellon US Small Cap Core Equity ETF by 1.9% in the fourth quarter. Cetera Investment Advisers now owns 5,692 shares of the company’s stock worth $640,000 after purchasing an additional 108 shares during the period. Royal Bank of Canada boosted its position in shares of BNY Mellon US Small Cap Core Equity ETF by 1.8% during the fourth quarter. Royal Bank of Canada now owns 41,355 shares of the company’s stock worth $4,652,000 after purchasing an additional 713 shares in the last quarter. LPL Financial LLC grew its holdings in shares of BNY Mellon US Small Cap Core Equity ETF by 3.7% in the 4th quarter. LPL Financial LLC now owns 19,125 shares of the company’s stock valued at $2,152,000 after buying an additional 688 shares during the period. Elm3 Financial Group LLC acquired a new position in shares of BNY Mellon US Small Cap Core Equity ETF in the 4th quarter valued at $200,000. Finally, Sentinel Pension Advisors LLC increased its position in shares of BNY Mellon US Small Cap Core Equity ETF by 19.0% in the 4th quarter. Sentinel Pension Advisors LLC now owns 5,611 shares of the company’s stock valued at $631,000 after buying an additional 896 shares in the last quarter.

BNY Mellon US Small Cap Core Equity ETF Company Profile

The BNY Mellon US Small Cap Core Equity ETF (BKSE) is an exchange-traded fund that is based on the Morningstar US Small Cap index, a market-cap-weighted index of small-cap stocks that cover the bottom 3-10% capitalization of the US equity market. BKSE was launched on Apr 9, 2020 and is managed by BNY Mellon.