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

iShares MSCI Kokusai ETF (NYSEARCA:TOK) was the recipient 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. Based on an average daily trading volume, of 10,266 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares MSCI Kokusai ETF

An institutional investor recently raised its stake in iShares MSCI Kokusai ETF stock. Citadel Advisors LLC lifted its holdings in iShares MSCI Kokusai ETF (NYSEARCA:TOK) by 16.9% in the 2nd quarter, according to the company in its most recent 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 about 0.39% of iShares MSCI Kokusai ETF worth $957,000 as of its most recent filing with the Securities & Exchange Commission.

iShares MSCI Kokusai ETF Trading Down 0.0%

TOK traded down $0.03 on Thursday, reaching $153.87. The stock had a trading volume of 2,586 shares, compared to its average volume of 2,584. iShares MSCI Kokusai ETF has a 12-month low of $129.49 and a 12-month high of $156.77. The business’s 50-day moving average price is $153.49 and its two-hundred day moving average price is $147.89. The company has a market cap of $238.50 million, a P/E ratio of 22.74 and a beta of 0.96.

iShares MSCI Kokusai ETF Company Profile

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.