Short Interest in BNY Mellon Innovators ETF (NASDAQ:BKIV) Drops By 66.7%

BNY Mellon Innovators ETF (NASDAQ:BKIV) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 100 shares, a drop of 66.7% from the August 31st total of 300 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 0.3 days.

BNY Mellon Innovators ETF Trading Down 0.1 %

BKIV stock traded down $0.05 during mid-day trading on Friday, hitting $33.03. 2 shares of the company were exchanged, compared to its average volume of 313. The business has a 50 day simple moving average of $32.23 and a 200-day simple moving average of $31.94. The stock has a market capitalization of $14.86 million, a PE ratio of 50.16 and a beta of 1.51. BNY Mellon Innovators ETF has a 1-year low of $22.20 and a 1-year high of $34.45.

BNY Mellon Innovators ETF Company Profile

The BNY Mellon Innovators ETF (BKIV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that broadly invests in US stocks perceived to be driven by innovation. The fund selects companies by employing a growth-oriented approach that combines thematic insights and fundamental research.