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

iShares MSCI Kokusai ETF (NYSEARCA:TOK) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 5,047 shares, an increase of 819.3% from the February 12th total of 549 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 1,688 shares, the days-to-cover ratio is presently 3.0 days. Based on an average daily volume of 1,688 shares, the days-to-cover ratio is presently 3.0 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in TOK. Flow Traders U.S. LLC increased its holdings in shares of iShares MSCI Kokusai ETF by 22.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 95,439 shares of the company’s stock worth $12,882,000 after acquiring an additional 17,310 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake 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 acquiring an additional 5,685 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd acquired a new stake in iShares MSCI Kokusai ETF during the 3rd quarter valued at $2,094,000. 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 valued at $544,000 after purchasing an additional 1,849 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in iShares MSCI Kokusai ETF during the second quarter worth $89,000.

iShares MSCI Kokusai ETF Stock Performance

iShares MSCI Kokusai ETF stock traded down $0.12 during midday trading on Tuesday, reaching $137.96. 193 shares of the company’s stock were exchanged, compared to its average volume of 2,022. iShares MSCI Kokusai ETF has a 52 week low of $99.96 and a 52 week high of $142.42. The firm has a market cap of $227.63 million, a price-to-earnings ratio of 22.74 and a beta of 0.98. The stock’s 50-day simple moving average is $140.17 and its 200 day simple moving average is $137.11.

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.