iShares MSCI Kokusai ETF (NYSEARCA:TOK) Short Interest Update

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

Hedge Funds Weigh In On iShares MSCI Kokusai ETF

Hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in iShares MSCI Kokusai ETF during the 2nd quarter worth about $89,000. Citadel Advisors LLC lifted its stake in iShares MSCI Kokusai ETF by 84.6% during the 3rd quarter. Citadel Advisors LLC now owns 4,034 shares of the company’s stock worth $544,000 after acquiring an additional 1,849 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in iShares MSCI Kokusai ETF by 7.8% in the 4th quarter. Oppenheimer & Co. Inc. now owns 78,205 shares of the company’s stock valued at $10,805,000 after purchasing an additional 5,685 shares in the last quarter. Finally, Flow Traders U.S. LLC raised its position in iShares MSCI Kokusai ETF by 22.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 95,439 shares of the company’s stock valued at $12,882,000 after purchasing an additional 17,310 shares in the last quarter.

iShares MSCI Kokusai ETF Stock Performance

Shares of NYSEARCA TOK traded up $0.51 during mid-day trading on Friday, reaching $149.93. 543 shares of the company’s stock were exchanged, compared to its average volume of 1,423. The company’s 50-day moving average is $146.20 and its 200-day moving average is $141.15. iShares MSCI Kokusai ETF has a 52-week low of $120.99 and a 52-week high of $152.87. The firm has a market capitalization of $247.38 million, a price-to-earnings ratio of 22.74 and a beta of 0.96.

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.