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

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

Hedge Funds Weigh In On Japan Smaller Capitalization Fund

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

Japan Smaller Capitalization Fund Price Performance

Shares of JOF stock traded down $0.06 during trading hours on Friday, hitting $12.39. 66,080 shares of the company’s stock traded hands, compared to its average volume of 132,596. Japan Smaller Capitalization Fund has a 12-month low of $7.43 and a 12-month high of $12.76. The stock’s fifty day simple moving average is $11.53 and its two-hundred day simple 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.