iShares MSCI Kokusai ETF (NYSEARCA:TOK) Sees Significant Growth in Short Interest

iShares MSCI Kokusai ETF (NYSEARCA:TOK) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 394 shares, a growth 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 volume of 930 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 930 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares MSCI Kokusai ETF

Large investors have recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Kokusai ETF in the second quarter valued at approximately $89,000. Citadel Advisors LLC boosted its position in iShares MSCI Kokusai ETF by 84.6% in the 3rd quarter. Citadel Advisors LLC now owns 4,034 shares of the company’s stock valued at $544,000 after buying an additional 1,849 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd acquired a new stake in shares of iShares MSCI Kokusai ETF in the 3rd quarter valued at $2,094,000. Oppenheimer & Co. Inc. raised its position in shares of iShares MSCI Kokusai ETF by 17.3% during the third quarter. Oppenheimer & Co. Inc. now owns 72,520 shares of the company’s stock worth $9,788,000 after acquiring an additional 10,695 shares during the last quarter. Finally, Flow Traders U.S. LLC lifted its stake in shares of iShares MSCI Kokusai ETF by 132.8% during the second 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.

iShares MSCI Kokusai ETF Trading Down 1.3%

Shares of iShares MSCI Kokusai ETF stock traded down $1.88 during trading on Thursday, reaching $139.81. The company’s stock had a trading volume of 3,662 shares, compared to its average volume of 1,961. The stock has a 50-day moving average price of $139.54 and a two-hundred day moving average price of $135.59. The stock has a market capitalization of $230.69 million, a P/E ratio of 22.74 and a beta of 0.98. iShares MSCI Kokusai ETF has a one year low of $99.96 and a one year high of $142.15.

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.