BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV) Stock Short Interest Rises 1,733.8%

BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 326,891 shares, a growth of 1,733.8% from the September 15th total of 17,826 shares. Based on an average trading volume of 566,340 shares, the short-interest ratio is presently 0.6 days. Approximately 0.5% of the shares of the stock are short sold.

BNY Mellon Dynamic Value ETF Price Performance

NYSEARCA BKDV traded up $0.16 during trading hours on Friday, reaching $34.36. 576,775 shares of the stock traded hands, compared to its average volume of 403,184. The stock has a 50 day simple moving average of $34.50 and a two-hundred day simple moving average of $33.07. BNY Mellon Dynamic Value ETF has a 1 year low of $27.35 and a 1 year high of $35.14. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 19.68 and a beta of 0.73.

Institutional Trading of BNY Mellon Dynamic Value ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Ruggaard & Associates LLC purchased a new stake in BNY Mellon Dynamic Value ETF during the fourth quarter valued at about $7,695,000. Bleakley Financial Group LLC increased its holdings in shares of BNY Mellon Dynamic Value ETF by 116.6% in the first quarter. Bleakley Financial Group LLC now owns 350,119 shares of the company’s stock worth $10,385,000 after buying an additional 188,464 shares during the period. JSF Financial LLC lifted its stake in shares of BNY Mellon Dynamic Value ETF by 205.4% in the 1st quarter. JSF Financial LLC now owns 186,738 shares of the company’s stock valued at $5,539,000 after acquiring an additional 125,588 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in BNY Mellon Dynamic Value ETF by 20.9% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 710,411 shares of the company’s stock valued at $23,792,000 after acquiring an additional 122,841 shares during the period. Finally, Concurrent Investment Advisors LLC purchased a new stake in BNY Mellon Dynamic Value ETF during the 2nd quarter valued at about $3,834,000.

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.