BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Short Interest Up 635.8% in December

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 174,914 shares, a growth of 635.8% from the December 15th total of 23,772 shares. Based on an average daily trading volume, of 102,946 shares, the short-interest ratio is presently 1.7 days. Approximately 0.5% of the company’s stock are short sold. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 102,946 shares, the short-interest ratio is presently 1.7 days.

Institutional Investors Weigh In On BNY Mellon US Large Cap Core Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of BKLC. Creekmur Asset Management LLC bought a new position in shares of BNY Mellon US Large Cap Core Equity ETF during the second quarter valued at approximately $33,000. FSA Wealth Management LLC bought a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the 2nd quarter worth approximately $37,000. Center for Financial Planning Inc. purchased a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the 3rd quarter worth approximately $37,000. EverSource Wealth Advisors LLC increased its position in BNY Mellon US Large Cap Core Equity ETF by 47.2% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 287 shares of the company’s stock valued at $37,000 after buying an additional 92 shares in the last quarter. Finally, Atlantic Union Bankshares Corp bought a new position in BNY Mellon US Large Cap Core Equity ETF during the 3rd quarter valued at approximately $90,000.

BNY Mellon US Large Cap Core Equity ETF Price Performance

BKLC stock traded up $0.16 during midday trading on Monday, hitting $133.24. The stock had a trading volume of 270,570 shares, compared to its average volume of 127,395. The business has a 50-day moving average of $130.56 and a two-hundred day moving average of $126.63. The firm has a market cap of $5.06 billion, a price-to-earnings ratio of 25.44 and a beta of 1.02. BNY Mellon US Large Cap Core Equity ETF has a 52-week low of $91.90 and a 52-week high of $133.46.

BNY Mellon US Large Cap Core Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were paid a $0.3923 dividend. This represents a $1.57 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Monday, December 29th. This is a positive change from BNY Mellon US Large Cap Core Equity ETF’s previous quarterly dividend of $0.33.

BNY Mellon US Large Cap Core Equity ETF Company Profile

The BNY Mellon US Large Cap Core Equity ETF (BKLC) is an exchange-traded fund that is based on the Morningstar U.S. Large Cap index, a market-cap-weighted index of large-cap stocks that represent the top 70% of the US equity market, in terms of capitalization. BKLC was launched on Apr 9, 2020 and is managed by BNY Mellon.