Short Interest in iShares MSCI Kokusai ETF (NYSEARCA:TOK) Expands By 636.4%

iShares MSCI Kokusai ETF (NYSEARCA:TOK) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 567 shares, an increase of 636.4% from the June 30th total of 77 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,557 shares, the days-to-cover ratio is currently 0.1 days.

iShares MSCI Kokusai ETF Price Performance

NYSEARCA:TOK traded up $0.27 during mid-day trading on Friday, reaching $149.00. 395 shares of the company’s stock traded hands, compared to its average volume of 1,907. The company has a 50 day moving average price of $150.01 and a 200-day moving average price of $143.66. The firm has a market capitalization of $245.85 million, a price-to-earnings 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.

Institutional Investors Weigh In On iShares MSCI Kokusai ETF

A number of institutional investors have recently made changes to their positions in TOK. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI Kokusai ETF during the 2nd quarter valued at about $89,000. Citadel Advisors LLC boosted its holdings in shares of iShares MSCI Kokusai ETF by 84.6% in the third 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 last quarter. Finally, Oppenheimer & Co. Inc. grew its position in iShares MSCI Kokusai ETF by 7.8% during the fourth quarter. Oppenheimer & Co. Inc. now owns 78,205 shares of the company’s stock valued at $10,805,000 after buying an additional 5,685 shares during the period.

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.