BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC – Get Free Report) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 7,485 shares, a drop of 60.5% from the August 15th total of 18,930 shares. Based on an average daily volume of 20,808 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are short sold.
BNY Mellon US Mid Cap Core Equity ETF Stock Up 0.9%
Shares of NYSEARCA:BKMC opened at $39.94 on Friday. The stock has a market cap of $643.83 million, a price-to-earnings ratio of 19.73 and a beta of 1.01. BNY Mellon US Mid Cap Core Equity ETF has a 12-month low of $34.30 and a 12-month high of $42.07. The business’s 50 day moving average is $40.74 and its 200 day moving average is $39.55.
BNY Mellon US Mid Cap Core Equity ETF Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.3775 per share. The ex-dividend date was Wednesday, July 1st. This represents a $1.51 annualized dividend and a yield of 3.8%.
Hedge Funds Weigh In On BNY Mellon US Mid Cap Core Equity ETF
About BNY Mellon US Mid Cap Core Equity ETF
The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.
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