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

iShares MSCI Kokusai ETF (NYSEARCA:TOK) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 389 shares, a decrease of 77.6% from the October 15th total of 1,733 shares. Based on an average trading volume of 1,671 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares MSCI Kokusai ETF

Large investors have recently modified their holdings of the business. Onyx Bridge Wealth Group LLC lifted its position in shares of iShares MSCI Kokusai ETF by 1.6% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 4,146 shares of the company’s stock worth $633,000 after purchasing an additional 66 shares during the period. Citadel Advisors LLC increased its holdings in iShares MSCI Kokusai ETF by 16.9% during the second quarter. Citadel Advisors LLC now owns 6,388 shares of the company’s stock valued at $957,000 after buying an additional 922 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd purchased a new position in iShares MSCI Kokusai ETF during the third quarter valued at approximately $2,240,000.

iShares MSCI Kokusai ETF Price Performance

NYSEARCA:TOK opened at $152.66 on Thursday. iShares MSCI Kokusai ETF has a 1-year low of $129.49 and a 1-year high of $156.77. The company has a 50-day moving average of $153.33 and a 200 day moving average of $147.72. The firm has a market cap of $236.63 million, a PE ratio of 22.74 and a beta of 0.96.

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.