Short Interest in iShares MSCI Kokusai ETF (NYSEARCA:TOK) Drops By 74.0%

iShares MSCI Kokusai ETF (NYSEARCA:TOK) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 220 shares, a drop of 74.0% from the May 14th total of 847 shares. Based on an average daily volume of 1,307 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of iShares MSCI Kokusai ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in iShares MSCI Kokusai ETF in the second quarter worth $89,000. Citadel Advisors LLC lifted 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 acquiring an additional 1,849 shares during the period. Oppenheimer & Co. Inc. lifted its stake in iShares MSCI Kokusai ETF by 7.8% in the fourth quarter. Oppenheimer & Co. Inc. now owns 78,205 shares of the company’s stock worth $10,805,000 after acquiring an additional 5,685 shares during the period. Finally, Flow Traders U.S. LLC lifted its stake in iShares MSCI Kokusai ETF by 22.2% in the third quarter. Flow Traders U.S. LLC now owns 95,439 shares of the company’s stock worth $12,882,000 after acquiring an additional 17,310 shares during the period.

iShares MSCI Kokusai ETF Stock Up 0.3%

Shares of iShares MSCI Kokusai ETF stock traded up $0.51 on Friday, hitting $149.93. The stock had a trading volume of 543 shares, compared to its average volume of 1,423. iShares MSCI Kokusai ETF has a one year low of $120.99 and a one year high of $152.87. The stock has a market cap of $247.38 million, a price-to-earnings ratio of 22.74 and a beta of 0.96. The stock’s 50-day simple moving average is $146.20 and its two-hundred day simple moving average is $141.15.

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.