Short Interest in iShares MSCI Kokusai ETF (NYSEARCA:TOK) Declines By 90.0%

iShares MSCI Kokusai ETF (NYSEARCA:TOK) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 24 shares, a drop of 90.0% from the December 31st total of 240 shares. Based on an average daily trading volume, of 2,163 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 2,163 shares, the days-to-cover ratio is currently 0.0 days.

iShares MSCI Kokusai ETF Price Performance

Shares of TOK stock traded down $0.30 during trading hours on Wednesday, reaching $141.83. The stock had a trading volume of 127 shares, compared to its average volume of 1,446. The firm has a 50-day simple moving average of $138.43 and a 200-day simple moving average of $134.62. iShares MSCI Kokusai ETF has a twelve month low of $99.96 and a twelve month high of $142.13. The firm has a market capitalization of $234.02 million, a PE ratio of 22.74 and a beta of 0.98.

Hedge Funds Weigh In On iShares MSCI Kokusai ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TOK. Mitsubishi UFJ Asset Management UK Ltd. grew its stake in shares of iShares MSCI Kokusai ETF by 6.4% in the 2nd quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 154,100 shares of the company’s stock worth $19,412,000 after purchasing an additional 9,300 shares during the last quarter. Flow Traders U.S. LLC grew its stake in 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 valued at $12,882,000 after acquiring an additional 17,310 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in iShares MSCI Kokusai ETF by 17.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 72,520 shares of the company’s stock valued at $9,788,000 after buying an additional 10,695 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in shares of iShares MSCI Kokusai ETF during the third quarter worth $2,094,000. Finally, Citadel Advisors LLC raised its stake in shares of 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 purchasing an additional 1,849 shares in the last quarter.

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.