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

iShares MSCI Kokusai ETF (NYSEARCA:TOK) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 567 shares, a growth of 636.4% from the June 30th total of 77 shares. Based on an average daily trading volume, of 8,557 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of iShares MSCI Kokusai ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Oppenheimer & Co. Inc. increased its stake in shares of iShares MSCI Kokusai ETF by 7.8% during the fourth quarter. Oppenheimer & Co. Inc. now owns 78,205 shares of the company’s stock worth $10,805,000 after purchasing an additional 5,685 shares in the last quarter. Citadel Advisors LLC grew its position in shares of iShares MSCI Kokusai ETF by 84.6% in the third quarter. Citadel Advisors LLC now owns 4,034 shares of the company’s stock valued at $544,000 after purchasing an additional 1,849 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Kokusai ETF in the second quarter valued at approximately $89,000.

iShares MSCI Kokusai ETF Stock Performance

Shares of TOK stock opened at $149.00 on Monday. The stock has a market cap of $245.85 million, a P/E ratio of 22.74 and a beta of 0.96. The stock has a 50 day moving average of $150.01 and a 200 day moving average of $143.69. iShares MSCI Kokusai ETF has a twelve month low of $125.61 and a twelve month high of $152.87.

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.