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

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) saw a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 22,800 shares, a decrease of 33.5% from the February 28th total of 34,300 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 64,400 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Japan Smaller Capitalization Fund

A number of large investors have recently added to or reduced their stakes in the company. HighTower Advisors LLC boosted 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. Nomura Asset Management Co. Ltd. boosted its stake in Japan Smaller Capitalization Fund by 4.0% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 58,257 shares of the company’s stock worth $447,000 after buying an additional 2,251 shares in the last quarter. Bank of America Corp DE grew its position in Japan Smaller Capitalization Fund by 144.7% during the fourth quarter. Bank of America Corp DE now owns 5,138 shares of the company’s stock valued at $39,000 after acquiring an additional 3,038 shares during the last quarter. Union Bancaire Privee UBP SA purchased a new position in shares of Japan Smaller Capitalization Fund during the fourth quarter worth approximately $32,000. Finally, Hara Capital LLC boosted its stake in shares of Japan Smaller Capitalization Fund by 2.4% in the 4th quarter. Hara Capital LLC now owns 387,063 shares of the company’s stock valued at $2,969,000 after purchasing an additional 8,899 shares in the last quarter.

Japan Smaller Capitalization Fund Price Performance

JOF stock traded down $0.07 during midday trading on Friday, reaching $8.41. The company had a trading volume of 76,687 shares, compared to its average volume of 65,089. The firm has a 50-day moving average price of $8.02 and a 200-day moving average price of $7.87. Japan Smaller Capitalization Fund has a 1 year low of $6.89 and a 1 year high of $8.54.

About Japan Smaller Capitalization Fund

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.