Short Interest in BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV) Expands By 133.9%

BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 249,838 shares, a growth of 133.9% from the April 15th total of 106,822 shares. Based on an average daily trading volume, of 607,789 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.6% of the shares of the stock are short sold.

BNY Mellon Dynamic Value ETF Stock Performance

Shares of BKDV stock traded down $0.40 during midday trading on Friday, reaching $32.08. 216,290 shares of the company were exchanged, compared to its average volume of 381,261. BNY Mellon Dynamic Value ETF has a 12 month low of $24.85 and a 12 month high of $32.59. The company has a market cap of $1.36 billion, a P/E ratio of 19.68 and a beta of 0.77. The company’s 50 day moving average price is $30.61 and its two-hundred day moving average price is $29.85.

Institutional Trading of BNY Mellon Dynamic Value ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Principle Wealth Partners LLC raised its position in shares of BNY Mellon Dynamic Value ETF by 2.7% during the 4th quarter. Principle Wealth Partners LLC now owns 3,807,835 shares of the company’s stock worth $110,503,000 after buying an additional 98,693 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in BNY Mellon Dynamic Value ETF by 10.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 2,274,680 shares of the company’s stock valued at $66,011,000 after buying an additional 220,808 shares in the last quarter. Stifel Financial Corp lifted its stake in BNY Mellon Dynamic Value ETF by 597.6% during the fourth quarter. Stifel Financial Corp now owns 1,394,425 shares of the company’s stock valued at $40,466,000 after buying an additional 1,194,540 shares in the last quarter. Advisor OS LLC lifted its stake in BNY Mellon Dynamic Value ETF by 10,446.2% during the fourth quarter. Advisor OS LLC now owns 838,842 shares of the company’s stock valued at $24,343,000 after buying an additional 830,888 shares in the last quarter. Finally, MJP Associates Inc. ADV lifted its stake in BNY Mellon Dynamic Value ETF by 10,446.2% during the fourth quarter. MJP Associates Inc. ADV now owns 838,842 shares of the company’s stock valued at $24,343,000 after buying an additional 830,888 shares in the last quarter.

About BNY Mellon Dynamic Value ETF

The BNY Mellon Dynamic Value ETF (BKDV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, focusing on value companies of any market-cap globally. The fund seeks capital growth through a bottom-up investment approach, prioritizing intrinsic value, strong fundamentals, and positive momentum BKDV was launched on Nov 1, 2024 and is issued by BNY Mellon.