iShares MSCI Kokusai ETF (NYSEARCA:TOK) Sees Significant Increase in Short Interest

iShares MSCI Kokusai ETF (NYSEARCA:TOKGet Free Report) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 564 shares, a growth of 156.4% from the May 31st total of 220 shares. Based on an average trading volume of 1,273 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares MSCI Kokusai ETF

Institutional investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI Kokusai ETF during the 2nd quarter valued at $89,000. Citadel Advisors LLC increased its stake in shares of iShares MSCI Kokusai ETF by 84.6% in the 3rd quarter. Citadel Advisors LLC now owns 4,034 shares of the company’s stock worth $544,000 after acquiring an additional 1,849 shares in the last quarter. Oppenheimer & Co. Inc. lifted its position in iShares MSCI Kokusai ETF by 7.8% during the 4th quarter. Oppenheimer & Co. Inc. now owns 78,205 shares of the company’s stock valued at $10,805,000 after acquiring an additional 5,685 shares during the period. Finally, Flow Traders U.S. LLC lifted its position in iShares MSCI Kokusai ETF by 22.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 95,439 shares of the company’s stock valued at $12,882,000 after acquiring an additional 17,310 shares during the period.

iShares MSCI Kokusai ETF Price Performance

TOK opened at $147.48 on Monday. The stock has a market cap of $243.34 million, a PE ratio of 22.74 and a beta of 0.96. The business has a 50 day moving average of $148.36 and a 200-day moving average of $142.00. iShares MSCI Kokusai ETF has a 52 week low of $124.76 and a 52 week high of $152.87.

iShares MSCI Kokusai ETF Company Profile

(Get Free Report)

The iShares MSCI Kokusai ETF (TOK) is an exchange-traded fund that is based on the MSCI Kokusai (World ex Japan) index. The fund tracks a market cap-weighted index of large- and mid-cap developed market stocks outside of Japan. TOK was launched on Dec 10, 2007 and is managed by BlackRock.

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