Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Short Interest Update

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF - Get Free Report) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 28,500 shares, a growth of 25.0% from the March 15th total of 22,800 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 70,900 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Japan Smaller Capitalization Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Union Bancaire Privee UBP SA acquired a new stake in shares of Japan Smaller Capitalization Fund in the fourth quarter valued at $32,000. Bank of America Corp DE boosted its position in shares of Japan Smaller Capitalization Fund by 144.7% during the 4th quarter. Bank of America Corp DE now owns 5,138 shares of the company's stock valued at $39,000 after purchasing an additional 3,038 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of Japan Smaller Capitalization Fund in the 3rd quarter worth approximately $104,000. HighTower Advisors LLC raised its holdings in shares of Japan Smaller Capitalization Fund by 7.7% in the 3rd quarter. HighTower Advisors LLC now owns 22,471 shares of the company's stock worth $181,000 after purchasing an additional 1,609 shares in the last quarter. Finally, DKM Wealth Management Inc. acquired a new stake in Japan Smaller Capitalization Fund during the fourth quarter valued at approximately $261,000.

Japan Smaller Capitalization Fund Trading Down 0.2 %

Shares of Japan Smaller Capitalization Fund stock traded down $0.02 on Friday, hitting $8.84. The company had a trading volume of 8,027 shares, compared to its average volume of 77,968. Japan Smaller Capitalization Fund has a 52 week low of $6.89 and a 52 week high of $8.88. The business has a 50-day simple moving average of $8.19 and a 200-day simple moving average of $7.89.

Japan Smaller Capitalization Fund Company Profile

Japan Smaller Capitalization Fund, Inc is a closed-ended equity mutual fund launched by Nomura Asset Management U.SA Inc It is managed by Nomura Asset Management Co, Ltd. The fund invests in the public equity markets of Japan. It invests in stocks traded on the Tokyo, Osaka and Nagoya Stock Exchanges, JASDAQ, Mothers, Hercules, Centrex, and other indices.