iShares MSCI Kokusai ETF (NYSEARCA:TOK) Short Interest Up 156.4% in June

iShares MSCI Kokusai ETF (NYSEARCA:TOK) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 564 shares, a growth of 156.4% from the May 31st total of 220 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,273 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Flow Traders U.S. LLC raised its stake in iShares MSCI Kokusai ETF by 22.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 95,439 shares of the company’s stock valued at $12,882,000 after acquiring an additional 17,310 shares during the period. Oppenheimer & Co. Inc. lifted its stake in shares of iShares MSCI Kokusai ETF by 7.8% during the 4th quarter. Oppenheimer & Co. Inc. now owns 78,205 shares of the company’s stock valued at $10,805,000 after buying an additional 5,685 shares in the last quarter. Citadel Advisors LLC boosted its holdings in iShares MSCI Kokusai ETF by 84.6% in the 3rd quarter. Citadel Advisors LLC now owns 4,034 shares of the company’s stock worth $544,000 after buying an additional 1,849 shares during the period. Finally, Raymond James Financial Inc. bought a new position in iShares MSCI Kokusai ETF in the 2nd quarter worth approximately $89,000.

iShares MSCI Kokusai ETF Price Performance

Shares of iShares MSCI Kokusai ETF stock traded up $0.80 during trading hours on Tuesday, hitting $149.80. 1,650 shares of the company’s stock traded hands, compared to its average volume of 1,429. The stock has a market capitalization of $247.17 million, a price-to-earnings ratio of 22.74 and a beta of 0.96. iShares MSCI Kokusai ETF has a 12-month low of $125.50 and a 12-month high of $152.87. The company has a fifty day simple moving average of $148.57 and a 200-day simple moving average of $142.15.

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.