iShares MSCI Kokusai ETF (NYSEARCA:TOK) Short Interest Update
by Doug Wharley · The Cerbat GemiShares MSCI Kokusai ETF (NYSEARCA:TOK – Get Free Report) saw a significant drop in short interest in March. As of March 31st, there was short interest totaling 3,621 shares, a drop of 19.8% from the March 15th total of 4,517 shares. Based on an average daily volume of 947 shares, the short-interest ratio is currently 3.8 days. Currently, 0.2% of the company’s stock are sold short.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the company. Flow Traders U.S. LLC lifted its position in shares of iShares MSCI Kokusai ETF by 22.2% during the third quarter. Flow Traders U.S. LLC now owns 95,439 shares of the company’s stock valued at $12,882,000 after purchasing an additional 17,310 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in iShares MSCI Kokusai ETF by 7.8% in the fourth quarter. Oppenheimer & Co. Inc. now owns 78,205 shares of the company’s stock worth $10,805,000 after acquiring an additional 5,685 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd bought a new stake in iShares MSCI Kokusai ETF in the third quarter worth about $2,094,000. Citadel Advisors LLC raised its position in iShares MSCI Kokusai ETF by 84.6% in the third quarter. Citadel Advisors LLC now owns 4,034 shares of the company’s stock worth $544,000 after acquiring an additional 1,849 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in iShares MSCI Kokusai ETF in the second quarter worth about $89,000.
iShares MSCI Kokusai ETF Trading Up 0.1%
Shares of TOK traded up $0.18 during trading hours on Thursday, reaching $143.26. 388 shares of the stock traded hands, compared to its average volume of 1,643. The stock has a fifty day simple moving average of $137.87 and a 200 day simple moving average of $137.71. iShares MSCI Kokusai ETF has a 52 week low of $105.67 and a 52 week high of $143.26. The company has a market cap of $236.38 million, a price-to-earnings ratio of 22.74 and a beta of 0.97.
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.