BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) Short Interest Down 80.7% in July

BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 1,575 shares, a decline of 80.7% from the July 15th total of 8,150 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 7,478 shares, the short-interest ratio is currently 0.2 days.

BNY Mellon US Small Cap Core Equity ETF Trading Up 0.2%

Shares of BNY Mellon US Small Cap Core Equity ETF stock traded up $0.10 during trading hours on Friday, reaching $45.79. 8,363 shares of the company’s stock were exchanged, compared to its average volume of 7,883. BNY Mellon US Small Cap Core Equity ETF has a 52-week low of $34.45 and a 52-week high of $46.02. The company has a fifty day moving average of $44.11 and a 200-day moving average of $41.50. The firm has a market capitalization of $90.66 million, a price-to-earnings ratio of 15.47 and a beta of 1.06.

Hedge Funds Weigh In On BNY Mellon US Small Cap Core Equity ETF

Large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its stake in BNY Mellon US Small Cap Core Equity ETF by 13.3% in the 1st quarter. Royal Bank of Canada now owns 39,195 shares of the company’s stock worth $3,656,000 after buying an additional 4,604 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of BNY Mellon US Small Cap Core Equity ETF during the 2nd quarter worth about $81,000. Osaic Holdings Inc. lifted its holdings in shares of BNY Mellon US Small Cap Core Equity ETF by 11.4% during the 2nd quarter. Osaic Holdings Inc. now owns 4,866 shares of the company’s stock worth $486,000 after acquiring an additional 496 shares during the period. Bank of America Corp DE boosted its position in shares of BNY Mellon US Small Cap Core Equity ETF by 20.8% in the third quarter. Bank of America Corp DE now owns 5,296 shares of the company’s stock worth $583,000 after acquiring an additional 912 shares during the last quarter. Finally, Citadel Advisors LLC boosted its position in shares of BNY Mellon US Small Cap Core Equity ETF by 148.5% in the third quarter. Citadel Advisors LLC now owns 15,956 shares of the company’s stock worth $1,758,000 after acquiring an additional 9,534 shares during the last quarter.

About BNY Mellon US Small Cap Core Equity ETF

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.