Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Short Interest Down 73.6% in November

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) was the recipient of a significant drop in short interest in November. As of November 15th, there was short interest totalling 3,900 shares, a drop of 73.6% from the October 31st total of 14,800 shares. Based on an average daily trading volume, of 76,300 shares, the short-interest ratio is presently 0.1 days.

Japan Smaller Capitalization Fund Stock Up 0.9 %

Shares of NYSE JOF traded up $0.07 during mid-day trading on Wednesday, reaching $7.67. 25,583 shares of the company’s stock traded hands, compared to its average volume of 59,143. The business has a 50-day simple moving average of $7.82 and a 200 day simple moving average of $7.76. Japan Smaller Capitalization Fund has a 1-year low of $6.89 and a 1-year high of $8.34.

Hedge Funds Weigh In On Japan Smaller Capitalization Fund

A number of hedge funds have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC bought a new stake in shares of Japan Smaller Capitalization Fund in the 2nd quarter worth $35,000. Virtu Financial LLC purchased a new position in Japan Smaller Capitalization Fund during the third quarter worth about $104,000. 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 in the last quarter. HighTower Advisors LLC grew its position in 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, Mraz Amerine & Associates Inc. purchased a new stake in Japan Smaller Capitalization Fund in the 3rd quarter valued at about $259,000.

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.