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

by · The Cerbat Gem

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF – Get Free Report) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 3,318 shares, a decrease of 49.2% from the July 30th total of 6,533 shares. Based on an average daily volume of 86,878 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Japan Smaller Capitalization Fund Trading Up 0.6%

JOF traded up $0.07 during trading on Friday, reaching $12.65. The company had a trading volume of 88,665 shares, compared to its average volume of 72,668. The firm’s 50-day simple moving average is $11.86 and its 200 day simple moving average is $11.58. Japan Smaller Capitalization Fund has a 12-month low of $9.94 and a 12-month high of $12.76.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in JOF. International Assets Investment Management LLC purchased a new stake in shares of Japan Smaller Capitalization Fund in the 4th quarter valued at approximately $43,000. Western Wealth Management LLC acquired a new stake in Japan Smaller Capitalization Fund during the 1st quarter valued at $50,000. Bank of America Corp DE lifted its holdings in shares of Japan Smaller Capitalization Fund by 144.7% in the fourth quarter. Bank of America Corp DE now owns 5,138 shares of the company’s stock valued at $39,000 after purchasing an additional 3,038 shares in the last quarter. Colonial Trust Advisors acquired a new stake in shares of Japan Smaller Capitalization Fund in the fourth quarter worth $104,000. Finally, North Ground Capital purchased a new position in shares of Japan Smaller Capitalization Fund during the second quarter valued at $117,800.

About Japan Smaller Capitalization Fund

(Get Free Report)

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.

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