Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sees Large Drop in Short Interest

Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 354 shares, a decline of 45.0% from the March 15th total of 644 shares. Based on an average trading volume of 171 shares, the short-interest ratio is presently 2.1 days. Approximately 0.0% of the shares of the company are sold short.

Xtrackers MSCI Kokusai Equity ETF Price Performance

Shares of KOKU traded up $0.78 during trading hours on Wednesday, hitting $123.98. The stock had a trading volume of 9 shares, compared to its average volume of 840. Xtrackers MSCI Kokusai Equity ETF has a 12 month low of $92.53 and a 12 month high of $123.98. The firm has a market capitalization of $748.84 million, a PE ratio of 23.23 and a beta of 0.97. The stock has a fifty day moving average price of $119.46 and a 200 day moving average price of $119.35.

Institutional Trading of Xtrackers MSCI Kokusai Equity ETF

An institutional investor recently raised its position in Xtrackers MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC raised its stake in shares of Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 7.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 18,264 shares of the company’s stock after purchasing an additional 1,234 shares during the period. Flow Traders U.S. LLC owned 0.31% of Xtrackers MSCI Kokusai Equity ETF worth $2,131,000 as of its most recent SEC filing.

Xtrackers MSCI Kokusai Equity ETF Company Profile

The Xtrackers MSCI Kokusai Equity ETF (KOKU) 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. KOKU was launched on Apr 8, 2020 and is managed by Xtrackers.