Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Short Interest Up 562.6% in May

Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,133 shares, an increase of 562.6% from the May 14th total of 171 shares. Based on an average trading volume of 233 shares, the short-interest ratio is presently 4.9 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Trading of Xtrackers MSCI Kokusai Equity ETF

A hedge fund recently raised its stake in Xtrackers MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC lifted its stake in shares of Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 7.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,264 shares of the company’s stock after buying an additional 1,234 shares during the quarter. Flow Traders U.S. LLC owned about 0.31% of Xtrackers MSCI Kokusai Equity ETF worth $2,131,000 as of its most recent filing with the Securities & Exchange Commission.

Xtrackers MSCI Kokusai Equity ETF Stock Up 1.9%

Xtrackers MSCI Kokusai Equity ETF stock traded up $2.40 during trading hours on Thursday, reaching $129.50. 131 shares of the company’s stock were exchanged, compared to its average volume of 631. The firm’s 50 day simple moving average is $126.09 and its 200 day simple moving average is $122.26. Xtrackers MSCI Kokusai Equity ETF has a twelve month low of $105.77 and a twelve month high of $132.38. The firm has a market capitalization of $789.95 million, a PE ratio of 23.23 and a beta of 0.96.

About Xtrackers MSCI Kokusai Equity ETF

The Xtrackers MSCI Kokusai Equity ETF (KOKU) 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. KOKU was launched on Apr 8, 2020 and is managed by Xtrackers.