Short Interest in iShares MSCI Kokusai ETF (NYSEARCA:TOK) Decreases By 73.5%

iShares MSCI Kokusai ETF (NYSEARCA:TOK) saw a significant decline in short interest in December. As of December 15th, there was short interest totaling 172 shares, a decline of 73.5% from the November 30th total of 650 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 846 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 846 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

iShares MSCI Kokusai ETF Stock Up 0.3%

Shares of TOK opened at $139.56 on Thursday. The business has a 50-day simple moving average of $136.81 and a two-hundred day simple moving average of $131.97. The stock has a market cap of $230.27 million, a price-to-earnings ratio of 22.74 and a beta of 0.98. iShares MSCI Kokusai ETF has a 52 week low of $99.96 and a 52 week high of $139.56.

Institutional Investors Weigh In On iShares MSCI Kokusai ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management UK Ltd. raised its stake in iShares MSCI Kokusai ETF by 6.4% during the 2nd quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 154,100 shares of the company’s stock worth $19,412,000 after acquiring an additional 9,300 shares during the period. Flow Traders U.S. LLC lifted its stake in shares of iShares MSCI Kokusai ETF by 132.8% during the 2nd quarter. Flow Traders U.S. LLC now owns 78,129 shares of the company’s stock valued at $9,842,000 after buying an additional 44,562 shares in the last quarter. Raymond James Financial Inc. bought a new position in iShares MSCI Kokusai ETF in the 2nd quarter worth $89,000. Sumitomo Mitsui DS Asset Management Company Ltd bought a new position in iShares MSCI Kokusai ETF in the 3rd quarter worth $2,094,000. Finally, 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 worth $9,788,000 after buying an additional 10,695 shares in the last quarter.

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.