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

iShares MSCI Kokusai ETF (NYSEARCA:TOK) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 2,286 shares, a decrease of 47.8% from the September 15th total of 4,376 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 2,459 shares, the short-interest ratio is currently 0.9 days.

Institutional Investors Weigh In On iShares MSCI Kokusai ETF

An institutional investor recently raised its stake in iShares MSCI Kokusai ETF stock. Citadel Advisors LLC grew its stake in iShares MSCI Kokusai ETF (NYSEARCA:TOK) by 16.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,388 shares of the company’s stock after acquiring an additional 922 shares during the quarter. Citadel Advisors LLC owned about 0.39% of iShares MSCI Kokusai ETF worth $957,000 as of its most recent SEC filing.

iShares MSCI Kokusai ETF Price Performance

NYSEARCA:TOK traded down $1.59 during midday trading on Friday, hitting $152.63. The company’s stock had a trading volume of 538 shares, compared to its average volume of 2,493. iShares MSCI Kokusai ETF has a fifty-two week low of $129.49 and a fifty-two week high of $156.77. The firm has a market cap of $236.58 million, a P/E ratio of 22.74 and a beta of 0.96. The firm’s 50 day moving average is $154.37 and its 200-day moving average is $149.92.

iShares MSCI Kokusai ETF Company Profile

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.