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

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF - Get Free Report) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 17,900 shares, a growth of 59.8% from the January 31st total of 11,200 shares. Based on an average trading volume of 58,400 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Japan Smaller Capitalization Fund

Institutional investors have recently modified their holdings of the business. International Assets Investment Management LLC lifted its stake in Japan Smaller Capitalization Fund by 727.0% during the 3rd quarter. International Assets Investment Management LLC now owns 38,042 shares of the company's stock valued at $315,000 after acquiring an additional 33,442 shares during the period. Hara Capital LLC raised its holdings in shares of Japan Smaller Capitalization Fund by 12.8% during the third quarter. Hara Capital LLC now owns 378,164 shares of the company's stock valued at $3,127,000 after purchasing an additional 43,053 shares during the last quarter. RPO LLC lifted its position in Japan Smaller Capitalization Fund by 393.6% during the third quarter. RPO LLC now owns 76,345 shares of the company's stock valued at $631,000 after purchasing an additional 60,878 shares during the period. Landscape Capital Management L.L.C. boosted its holdings in Japan Smaller Capitalization Fund by 60.1% in the third quarter. Landscape Capital Management L.L.C. now owns 139,930 shares of the company's stock worth $1,157,000 after purchasing an additional 52,526 shares during the last quarter. Finally, Pekin Hardy Strauss Inc. grew its position in Japan Smaller Capitalization Fund by 23.6% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 16,119 shares of the company's stock worth $133,000 after purchasing an additional 3,075 shares during the period.

Japan Smaller Capitalization Fund Price Performance

NYSE JOF traded up $0.09 during mid-day trading on Monday, reaching $8.00. The stock had a trading volume of 38,211 shares, compared to its average volume of 55,193. Japan Smaller Capitalization Fund has a 1 year low of $6.89 and a 1 year high of $8.34. The company has a fifty day moving average price of $7.74 and a 200 day moving average price of $7.82.

Japan Smaller Capitalization Fund Increases Dividend

The firm also recently declared an annual dividend, which was paid on Friday, December 27th. Stockholders of record on Thursday, December 19th were issued a dividend of $0.3118 per share. This is an increase from Japan Smaller Capitalization Fund's previous annual dividend of $0.27. This represents a dividend yield of 3.3%. The ex-dividend date was Thursday, December 19th.

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.