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

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

iShares MSCI Kokusai ETF Stock Performance

Shares of TOK traded up $0.21 during mid-day trading on Friday, reaching $151.57. 1,272 shares of the company were exchanged, compared to its average volume of 1,988. The business has a 50 day simple moving average of $149.59 and a two-hundred day simple moving average of $142.86. The stock has a market capitalization of $250.09 million, a PE ratio of 22.74 and a beta of 0.96. iShares MSCI Kokusai ETF has a 52 week low of $125.61 and a 52 week high of $152.87.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of TOK. Flow Traders U.S. LLC increased its position in 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 buying an additional 17,310 shares in the last quarter. Oppenheimer & Co. Inc. boosted its holdings 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 worth $10,805,000 after acquiring an additional 5,685 shares in the last quarter. Citadel Advisors LLC boosted its holdings 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 worth $544,000 after acquiring 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 valued at approximately $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.