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

iShares MSCI Kokusai ETF (NYSEARCA:TOK) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 77 shares, a decline of 86.3% from the June 15th total of 564 shares. Based on an average trading volume of 1,558 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

iShares MSCI Kokusai ETF Trading Down 0.7%

iShares MSCI Kokusai ETF stock traded down $1.11 during mid-day trading on Monday, hitting $150.46. The stock had a trading volume of 554 shares, compared to its average volume of 1,977. The stock has a market capitalization of $248.26 million, a PE ratio of 22.74 and a beta of 0.96. iShares MSCI Kokusai ETF has a 12 month low of $125.61 and a 12 month high of $152.87. The stock has a 50-day simple moving average of $149.69 and a two-hundred day simple moving average of $142.97.

Hedge Funds Weigh In On iShares MSCI Kokusai ETF

Several institutional investors have recently modified their holdings of TOK. Flow Traders U.S. LLC raised its position in shares of 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 acquiring an additional 17,310 shares during the period. Oppenheimer & Co. Inc. increased 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 valued at $10,805,000 after purchasing an additional 5,685 shares in the last quarter. Citadel Advisors LLC increased 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 valued at $544,000 after purchasing an additional 1,849 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in iShares MSCI Kokusai ETF in the second quarter worth $89,000.

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.