Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Short Interest Up 53.8% in November

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) saw a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 6,000 shares, a growth of 53.8% from the November 15th total of 3,900 shares. Based on an average daily trading volume, of 76,600 shares, the short-interest ratio is presently 0.1 days.

Japan Smaller Capitalization Fund Price Performance

Shares of Japan Smaller Capitalization Fund stock traded up $0.03 during trading on Friday, hitting $8.00. The stock had a trading volume of 52,357 shares, compared to its average volume of 59,723. Japan Smaller Capitalization Fund has a 12 month low of $6.89 and a 12 month high of $8.34. The firm’s fifty day simple moving average is $7.77 and its 200-day simple moving average is $7.78.

Japan Smaller Capitalization Fund Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, December 27th. Stockholders of record on Thursday, December 19th will be issued a $0.3118 dividend. This represents a dividend yield of 3.3%. This is an increase from Japan Smaller Capitalization Fund’s previous annual dividend of $0.27. The ex-dividend date is Thursday, December 19th.

Institutional Trading of Japan Smaller Capitalization Fund

Several institutional investors and hedge funds have recently made changes to their positions in the business. International Assets Investment Management LLC bought a new stake in shares of Japan Smaller Capitalization Fund in the second quarter valued at about $35,000. Virtu Financial LLC acquired a new position in Japan Smaller Capitalization Fund during the 3rd quarter valued at about $104,000. Pekin Hardy Strauss Inc. increased its holdings in shares of Japan Smaller Capitalization Fund by 23.6% during the third quarter. Pekin Hardy Strauss Inc. now owns 16,119 shares of the company’s stock valued at $133,000 after acquiring an additional 3,075 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of Japan Smaller Capitalization Fund by 7.7% in the third quarter. HighTower Advisors LLC now owns 22,471 shares of the company’s stock worth $181,000 after buying an additional 1,609 shares during the last quarter. Finally, Mraz Amerine & Associates Inc. purchased a new position in Japan Smaller Capitalization Fund in the 3rd quarter worth $259,000.

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.