Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) Sees Significant Decline in Short Interest

Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 558 shares, a drop of 49.6% from the June 15th total of 1,108 shares. Based on an average daily trading volume, of 790 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Xtrackers MSCI Kokusai Equity ETF

An institutional investor recently raised its position in Xtrackers MSCI Kokusai Equity ETF stock. Flow Traders U.S. LLC boosted its position in Xtrackers MSCI Kokusai Equity ETF (NYSEARCA:KOKU) by 7.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,264 shares of the company’s stock after purchasing an additional 1,234 shares during the period. Flow Traders U.S. LLC owned about 0.31% of Xtrackers MSCI Kokusai Equity ETF worth $2,131,000 as of its most recent SEC filing.

Xtrackers MSCI Kokusai Equity ETF Stock Performance

KOKU traded down $0.13 during midday trading on Friday, reaching $129.56. The company had a trading volume of 18 shares, compared to its average volume of 621. The stock has a market cap of $790.32 million, a PE ratio of 23.23 and a beta of 0.96. Xtrackers MSCI Kokusai Equity ETF has a 12-month low of $109.29 and a 12-month high of $133.41. The business has a 50-day moving average price of $129.63 and a two-hundred day moving average price of $124.10.

About Xtrackers MSCI Kokusai Equity ETF

The Xtrackers MSCI Kokusai Equity ETF (KOKU) 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. KOKU was launched on Apr 8, 2020 and is managed by Xtrackers.