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

iShares MSCI Kokusai ETF (NYSEARCA:TOK) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 425 shares, a drop of 37.2% from the July 30th total of 677 shares. Based on an average daily volume of 1,661 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares MSCI Kokusai ETF

An institutional investor recently raised its stake in iShares MSCI Kokusai ETF stock. Citadel Advisors LLC grew its stake in shares of iShares MSCI Kokusai ETF (NYSEARCA:TOK) by 84.6% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 4,034 shares of the company’s stock after acquiring an additional 1,849 shares during the quarter. Citadel Advisors LLC owned about 0.24% of iShares MSCI Kokusai ETF worth $544,000 as of its most recent SEC filing.

iShares MSCI Kokusai ETF Stock Performance

NYSEARCA TOK opened at $155.13 on Monday. The company has a market cap of $255.96 million, a price-to-earnings ratio of 22.74 and a beta of 0.96. The company has a 50 day moving average of $151.97 and a 200-day moving average of $146.08. iShares MSCI Kokusai ETF has a 1-year low of $128.76 and a 1-year high of $156.77.

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.