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

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 12,500 shares, a growth of 78.6% from the September 15th total of 7,000 shares. Based on an average daily trading volume, of 69,700 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new position in shares of Japan Smaller Capitalization Fund in the 2nd quarter worth about $35,000. Twin Focus Capital Partners LLC purchased a new stake in Japan Smaller Capitalization Fund during the 4th quarter worth $83,000. Beam Wealth Advisors Inc. purchased a new position in Japan Smaller Capitalization Fund in the second quarter valued at about $306,000. Logan Stone Capital LLC grew its position in shares of Japan Smaller Capitalization Fund by 61.2% during the second quarter. Logan Stone Capital LLC now owns 63,356 shares of the company’s stock worth $480,000 after buying an additional 24,065 shares in the last quarter. Finally, SeaCrest Wealth Management LLC increased its holdings in Japan Smaller Capitalization Fund by 3.0% in the second quarter. SeaCrest Wealth Management LLC now owns 79,884 shares of the company’s stock valued at $606,000 after buying an additional 2,341 shares during the last quarter.

Japan Smaller Capitalization Fund Trading Up 0.1 %

JOF opened at $7.99 on Monday. The business’s fifty day moving average is $7.91 and its two-hundred day moving average is $7.78. Japan Smaller Capitalization Fund has a one year low of $6.64 and a one year high of $8.34.

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.