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

iShares MSCI Kokusai ETF (NYSEARCA:TOK) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 394 shares, an increase of 1,541.7% from the January 15th total of 24 shares. Based on an average daily volume of 930 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 930 shares, the short-interest ratio is presently 0.4 days.

iShares MSCI Kokusai ETF Stock Down 0.3%

TOK stock traded down $0.41 during midday trading on Tuesday, reaching $141.57. 660 shares of the company’s stock traded hands, compared to its average volume of 1,939. The firm’s fifty day moving average price is $139.47 and its 200-day moving average price is $135.54. iShares MSCI Kokusai ETF has a 52 week low of $99.96 and a 52 week high of $142.13. The company has a market cap of $233.59 million, a price-to-earnings ratio of 22.74 and a beta of 0.98.

Hedge Funds Weigh In On iShares MSCI Kokusai ETF

Large investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI Kokusai ETF in the second quarter worth approximately $89,000. Citadel Advisors LLC grew its holdings in iShares MSCI Kokusai ETF by 84.6% during the third quarter. Citadel Advisors LLC now owns 4,034 shares of the company’s stock worth $544,000 after buying an additional 1,849 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in iShares MSCI Kokusai ETF by 7.8% during the fourth quarter. Oppenheimer & Co. Inc. now owns 78,205 shares of the company’s stock worth $10,805,000 after buying an additional 5,685 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in iShares MSCI Kokusai ETF in the 3rd quarter valued at $2,094,000. Finally, Flow Traders U.S. LLC lifted its stake 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 in the last quarter.

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.