Short Interest in Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Drops By 49.6%

Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 558 shares, a drop of 49.6% from the June 15th total of 1,108 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 790 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of Xtrackers MSCI Kokusai Equity ETF

A hedge fund recently raised its position in Xtrackers MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC increased its position in Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 7.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 18,264 shares of the company’s stock after purchasing an additional 1,234 shares during the period. Flow Traders U.S. LLC owned 0.31% of Xtrackers MSCI Kokusai Equity ETF worth $2,131,000 at the end of the most recent quarter.

Xtrackers MSCI Kokusai Equity ETF Trading Up 0.1%

NYSEARCA:KOKU traded up $0.18 during midday trading on Wednesday, hitting $130.10. 37 shares of the company were exchanged, compared to its average volume of 629. Xtrackers MSCI Kokusai Equity ETF has a fifty-two week low of $109.29 and a fifty-two week high of $133.41. The company has a market capitalization of $793.61 million, a PE ratio of 23.23 and a beta of 0.96. The company has a fifty day simple moving average of $129.60 and a 200 day simple moving average of $124.04.

Xtrackers MSCI Kokusai Equity ETF Company Profile

The Xtrackers MSCI Kokusai Equity ETF (KOKU) 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. KOKU was launched on Apr 8, 2020 and is managed by Xtrackers.