Quantedge Capital Pte Ltd raised its stake in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF - Free Report) by 137.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 88,350 shares of the company's stock after acquiring an additional 51,150 shares during the period. Quantedge Capital Pte Ltd owned approximately 0.25% of Japan Smaller Capitalization Fund worth $678,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Ionic Capital Management LLC acquired a new position in shares of Japan Smaller Capitalization Fund during the fourth quarter worth about $435,000. Bank of America Corp DE boosted 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 valued at $39,000 after purchasing an additional 3,038 shares in the last quarter. Raffles Associates LP increased its position in Japan Smaller Capitalization Fund by 10.8% during the 4th quarter. Raffles Associates LP now owns 248,168 shares of the company's stock worth $1,903,000 after purchasing an additional 24,143 shares during the period. Boothbay Fund Management LLC lifted its holdings in shares of Japan Smaller Capitalization Fund by 88.3% in the 4th quarter. Boothbay Fund Management LLC now owns 51,595 shares of the company's stock valued at $396,000 after buying an additional 24,200 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of Japan Smaller Capitalization Fund in the 4th quarter valued at approximately $724,000.
Japan Smaller Capitalization Fund Price Performance
Shares of NYSE:JOF traded up $0.04 during trading on Tuesday, hitting $9.04. 28,678 shares of the stock were exchanged, compared to its average volume of 75,449. Japan Smaller Capitalization Fund, Inc. has a 12-month low of $6.89 and a 12-month high of $9.18. The company has a fifty day moving average price of $8.50 and a two-hundred day moving average price of $8.03.
Japan Smaller Capitalization Fund Company Profile
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Free Report)
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.
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