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

iShares MSCI Kokusai ETF (NYSEARCA:TOK) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 4,376 shares, a growth of 1,246.5% from the August 31st total of 325 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 10,266 shares, the days-to-cover ratio is presently 0.4 days.

iShares MSCI Kokusai ETF Stock Down 0.0%

Shares of TOK stock traded down $0.03 during trading hours on Thursday, hitting $153.87. 2,586 shares of the company’s stock were exchanged, compared to its average volume of 2,584. The firm has a market cap of $238.50 million, a P/E ratio of 22.74 and a beta of 0.96. The firm has a 50 day moving average of $153.49 and a two-hundred day moving average of $147.89. iShares MSCI Kokusai ETF has a fifty-two week low of $129.49 and a fifty-two week high of $156.77.

Institutional Investors Weigh In On iShares MSCI Kokusai ETF

An institutional investor recently raised its position in iShares MSCI Kokusai ETF stock. Citadel Advisors LLC raised its stake in shares of iShares MSCI Kokusai ETF (NYSEARCA:TOK) by 16.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,388 shares of the company’s stock after purchasing an additional 922 shares during the period. Citadel Advisors LLC owned 0.39% of iShares MSCI Kokusai ETF worth $957,000 at the end of the most recent quarter.

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.