BNY Mellon International Equity ETF (NYSEARCA:BKIE) Stock Short Interest Drops 91.6%

BNY Mellon International Equity ETF (NYSEARCA:BKIE) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 26,919 shares, a drop of 91.6% from the August 31st total of 321,976 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 108,830 shares, the short-interest ratio is presently 0.2 days.

BNY Mellon International Equity ETF Trading Down 0.1%

Shares of NYSEARCA BKIE traded down $0.03 during trading on Thursday, reaching $33.69. The company had a trading volume of 139,377 shares, compared to its average volume of 233,253. BNY Mellon International Equity ETF has a twelve month low of $28.96 and a twelve month high of $35.18. The stock has a 50-day moving average price of $34.27 and a two-hundred day moving average price of $33.19. The stock has a market capitalization of $1.33 billion, a PE ratio of 16.44 and a beta of 0.79.

BNY Mellon International Equity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.8702 dividend. This represents a $3.48 annualized dividend and a yield of 10.3%. The ex-dividend date of this dividend was Wednesday, July 1st. This is a positive change from BNY Mellon International Equity ETF’s previous quarterly dividend of $0.7629.

Institutional Investors Weigh In On BNY Mellon International Equity ETF

Hedge funds have recently modified their holdings of the company. Certified Advisory Corp grew its holdings in shares of BNY Mellon International Equity ETF by 317.0% during the first quarter. Certified Advisory Corp now owns 11,747 shares of the company’s stock worth $1,098,000 after buying an additional 8,930 shares in the last quarter. Flagship Wealth Advisors LLC lifted its stake in shares of BNY Mellon International Equity ETF by 45.6% during the fourth quarter. Flagship Wealth Advisors LLC now owns 76,301 shares of the company’s stock valued at $7,062,000 after buying an additional 23,902 shares during the period. Integrated Wealth Concepts LLC boosted its position in BNY Mellon International Equity ETF by 4.4% during the second quarter. Integrated Wealth Concepts LLC now owns 570,178 shares of the company’s stock worth $57,360,000 after acquiring an additional 23,995 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in 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 worth $9,052,000 after acquiring an additional 54,642 shares during the last quarter. Finally, Independent Financial Group LLC purchased a new stake in BNY Mellon International Equity ETF in the 1st quarter worth approximately $2,733,000.

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.