Loading…
Loading…
NEW YORK--(BUSINESS WIRE)--BNY Mellon ETF Investment Adviser, LLC today announced that five of their ETFs will undergo forward share splits at a ratio of 3-for-1. A forward share split increases an ETF's number of shares outstanding while decreasing its Net Asset Value ("NAV") per share accordingly. The total value of a shareholder's investment will remain unchanged.
BNY Mellon Emerging Markets Equity ETF (NYSEARCA:BKEM - Get Free Report) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 14,886 shares, an increase of 14.6% from the February 12th total of 12,992 shares. Approximately 1.8% of the company's shares
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
Click below to see what's inside, then upgrade to read every transcript for BKEM and 80,000+ other tickers.
Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.