Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sees Large Drop in Short Interest

Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 1,337 shares, a decrease of 32.5% from the January 15th total of 1,981 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 3,592 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 3,592 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Xtrackers MSCI Kokusai Equity ETF

A hedge fund recently raised its stake in Xtrackers MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC boosted its holdings in shares of Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 103.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,030 shares of the company’s stock after purchasing an additional 8,656 shares during the quarter. Flow Traders U.S. LLC owned about 0.28% of Xtrackers MSCI Kokusai Equity ETF worth $1,867,000 at the end of the most recent quarter.

Xtrackers MSCI Kokusai Equity ETF Stock Performance

Shares of NYSEARCA KOKU traded up $0.06 during trading on Friday, hitting $121.42. The company had a trading volume of 119 shares, compared to its average volume of 1,591. The firm has a market capitalization of $721.23 million, a P/E ratio of 23.23 and a beta of 0.99. Xtrackers MSCI Kokusai Equity ETF has a 12 month low of $86.88 and a 12 month high of $123.67. The stock has a 50 day simple moving average of $121.22 and a 200 day simple moving average of $117.70.

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.