iShares MSCI Kokusai ETF (NYSEARCA:TOK) Short Interest Up 1,541.7% in January

iShares MSCI Kokusai ETF (NYSEARCA:TOK) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 394 shares, an increase of 1,541.7% from the January 15th total of 24 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 930 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 930 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Trading of iShares MSCI Kokusai ETF

A number of hedge funds have recently made changes to their positions in the company. Flow Traders U.S. LLC increased its position in iShares MSCI Kokusai ETF by 132.8% in the 2nd quarter. Flow Traders U.S. LLC now owns 78,129 shares of the company’s stock valued at $9,842,000 after acquiring an additional 44,562 shares during the period. Raymond James Financial Inc. acquired a new stake in iShares MSCI Kokusai ETF in the second quarter valued at $89,000. Sumitomo Mitsui DS Asset Management Company Ltd acquired a new stake in iShares MSCI Kokusai ETF in the third quarter valued at $2,094,000. Oppenheimer & Co. Inc. raised its position in iShares MSCI Kokusai ETF by 17.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 72,520 shares of the company’s stock worth $9,788,000 after purchasing an additional 10,695 shares during the last quarter. Finally, Citadel Advisors LLC lifted its holdings 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 buying an additional 1,849 shares during the period.

iShares MSCI Kokusai ETF Stock Performance

Shares of TOK traded down $0.41 during trading hours on Tuesday, reaching $141.57. The stock had a trading volume of 660 shares, compared to its average volume of 1,939. iShares MSCI Kokusai ETF has a 12 month low of $99.96 and a 12 month high of $142.13. The stock has a market capitalization of $233.59 million, a PE ratio of 22.74 and a beta of 0.98. The company’s 50-day moving average is $139.47 and its two-hundred day moving average is $135.54.

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.