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

iShares MSCI Kokusai ETF (NYSEARCA:TOK) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 172 shares, a decrease of 73.5% from the November 30th total of 650 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 846 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 846 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Trading of iShares MSCI Kokusai ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management UK Ltd. lifted its holdings in iShares MSCI Kokusai ETF by 6.4% during the 2nd quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 154,100 shares of the company’s stock valued at $19,412,000 after buying an additional 9,300 shares in the last quarter. Flow Traders U.S. LLC raised its stake in shares of iShares MSCI Kokusai ETF by 22.2% during the third 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 in the last quarter. Oppenheimer & Co. Inc. boosted its holdings in shares of iShares MSCI Kokusai ETF by 17.3% in the third quarter. Oppenheimer & Co. Inc. now owns 72,520 shares of the company’s stock valued at $9,788,000 after purchasing an additional 10,695 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd bought a new position in iShares MSCI Kokusai ETF in the third quarter worth approximately $2,094,000. Finally, Citadel Advisors LLC grew its stake in iShares MSCI Kokusai ETF by 84.6% in the third quarter. Citadel Advisors LLC now owns 4,034 shares of the company’s stock worth $544,000 after purchasing an additional 1,849 shares in the last quarter.

iShares MSCI Kokusai ETF Stock Down 0.1%

NYSEARCA TOK traded down $0.09 during trading hours on Friday, hitting $139.47. 8,176 shares of the company were exchanged, compared to its average volume of 2,456. iShares MSCI Kokusai ETF has a 52 week low of $99.96 and a 52 week high of $139.60. The stock has a 50-day moving average price of $137.01 and a 200 day moving average price of $132.19. The stock has a market cap of $230.13 million, a PE ratio of 22.74 and a beta of 0.98.

About iShares MSCI Kokusai ETF

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.