BNY Mellon Concentrated Growth ETF (NYSEARCA:BKCG) Sees Large Increase in Short Interest

BNY Mellon Concentrated Growth ETF (NYSEARCA:BKCG) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 128 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 3,607 shares, the days-to-cover ratio is presently 0.0 days.

BNY Mellon Concentrated Growth ETF Stock Performance

BKCG stock traded up $0.18 during trading on Thursday, hitting $39.74. The stock had a trading volume of 534 shares, compared to its average volume of 2,532. The company’s 50 day moving average price is $39.34 and its two-hundred day moving average price is $37.92. BNY Mellon Concentrated Growth ETF has a 1-year low of $32.94 and a 1-year high of $40.42. The stock has a market cap of $122.00 million, a price-to-earnings ratio of 32.83 and a beta of 0.99.

BNY Mellon Concentrated Growth ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.0386 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.15 annualized dividend and a dividend yield of 0.4%. This is a decrease from BNY Mellon Concentrated Growth ETF’s previous quarterly dividend of $0.0640.

Institutional Investors Weigh In On BNY Mellon Concentrated Growth ETF

An institutional investor recently bought a new position in BNY Mellon Concentrated Growth ETF stock. NorthRock Partners LLC acquired a new stake in shares of BNY Mellon Concentrated Growth ETF (NYSEARCA:BKCG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,502 shares of the company’s stock, valued at approximately $205,000. NorthRock Partners LLC owned 0.18% of BNY Mellon Concentrated Growth ETF as of its most recent filing with the Securities & Exchange Commission.

BNY Mellon Concentrated Growth ETF Company Profile

The BNY Mellon ETF Trust II – Concentrated Growth ETF (BKCG) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.