BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV) Sees Significant Decrease in Short Interest

BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV – Get Free Report) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 141,386 shares, a decline of 56.7% from the September 30th total of 326,891 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 729,935 shares, the days-to-cover ratio is presently 0.2 days.

BNY Mellon Dynamic Value ETF Stock Down 0.9%

BKDV stock traded down $0.32 during trading on Friday, hitting $34.72. The company had a trading volume of 578,680 shares, compared to its average volume of 422,720. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of 19.68 and a beta of 0.73. BNY Mellon Dynamic Value ETF has a 12 month low of $27.35 and a 12 month high of $35.14. The firm has a 50-day moving average price of $34.42 and a 200-day moving average price of $32.52.

Institutional Trading of BNY Mellon Dynamic Value ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Western Wealth Management LLC acquired a new position in BNY Mellon Dynamic Value ETF in the 1st quarter valued at about $52,000. Root Financial Partners LLC acquired a new position in BNY Mellon Dynamic Value ETF during the 3rd quarter worth approximately $102,000. Kestra Private Wealth Services LLC bought a new stake in BNY Mellon Dynamic Value ETF during the 1st quarter worth $255,000. Fifth Third Bancorp bought a new stake in shares of BNY Mellon Dynamic Value ETF during the first quarter worth about $256,000. Finally, PCG Wealth Advisors LLC bought a new position in shares of BNY Mellon Dynamic Value ETF during the second quarter valued at $449,000.

About BNY Mellon Dynamic Value ETF

(Get Free Report)

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.

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