Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Sees Large Drop in Short Interest

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 5,507 shares, a drop of 60.1% from the January 29th total of 13,789 shares. Based on an average trading volume of 148,904 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 148,904 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Japan Smaller Capitalization Fund

A number of hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its position in Japan Smaller Capitalization Fund by 144.7% in the 4th quarter. Bank of America Corp DE now owns 5,138 shares of the company’s stock valued at $39,000 after buying an additional 3,038 shares during the period. Raymond James Financial Inc. grew its stake in Japan Smaller Capitalization Fund by 4.0% during the 3rd quarter. Raymond James Financial Inc. now owns 101,127 shares of the company’s stock worth $1,066,000 after purchasing an additional 3,847 shares in the last quarter. Triasima Portfolio Management inc. increased its holdings in Japan Smaller Capitalization Fund by 32.8% during the 3rd quarter. Triasima Portfolio Management inc. now owns 15,800 shares of the company’s stock worth $167,000 after purchasing an additional 3,900 shares during the period. International Assets Investment Management LLC purchased a new position in shares of Japan Smaller Capitalization Fund in the 4th quarter valued at about $43,000. Finally, Pekin Hardy Strauss Inc. boosted its stake in shares of Japan Smaller Capitalization Fund by 4.3% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 205,920 shares of the company’s stock valued at $2,282,000 after buying an additional 8,453 shares during the period.

Japan Smaller Capitalization Fund Trading Down 0.4%

Shares of NYSE:JOF opened at $12.39 on Friday. Japan Smaller Capitalization Fund has a 1 year low of $7.43 and a 1 year high of $12.76. The firm’s 50-day moving average is $11.53 and its two-hundred day moving average is $10.88.

Japan Smaller Capitalization Fund Company Profile

Japan Smaller Capitalization Fund, Inc (NYSE: JOF) is a U.S.-listed closed-end investment company dedicated to long-term capital appreciation through exposure to Japan’s smaller capitalization equities. The fund seeks to identify and invest in firms whose market valuations and growth prospects may be overlooked by broader market indices, offering investors differentiated access to Japan’s domestic growth opportunities.

The portfolio typically comprises equity securities of companies traded on the Tokyo Stock Exchange and other recognized Japanese markets, with a focus on firms outside the large-cap segment.