Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Short Interest Update

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 11,159 shares, a decrease of 58.3% from the May 31st total of 26,742 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 83,544 shares, the short-interest ratio is presently 0.1 days.

Japan Smaller Capitalization Fund Trading Down 0.4%

Shares of NYSE JOF traded down $0.04 during midday trading on Wednesday, hitting $11.73. The company’s stock had a trading volume of 26,076 shares, compared to its average volume of 103,018. The business’s fifty day simple moving average is $11.52 and its two-hundred day simple moving average is $11.35. Japan Smaller Capitalization Fund has a 1 year low of $9.52 and a 1 year high of $12.76.

Japan Smaller Capitalization Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.0956 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE increased its holdings in Japan Smaller Capitalization Fund by 144.7% during the 4th quarter. Bank of America Corp DE now owns 5,138 shares of the company’s stock worth $39,000 after purchasing an additional 3,038 shares during the period. Raymond James Financial Inc. grew its position in shares of Japan Smaller Capitalization Fund by 4.0% during the third quarter. Raymond James Financial Inc. now owns 101,127 shares of the company’s stock worth $1,066,000 after buying an additional 3,847 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Japan Smaller Capitalization Fund during the fourth quarter worth approximately $43,000. Western Wealth Management LLC acquired a new stake in Japan Smaller Capitalization Fund in the first quarter valued at approximately $50,000. Finally, Triasima Portfolio Management inc. raised its holdings in Japan Smaller Capitalization Fund by 38.0% in the fourth quarter. Triasima Portfolio Management inc. now owns 21,800 shares of the company’s stock valued at $242,000 after acquiring an additional 6,000 shares in the last quarter.

Japan Smaller Capitalization Fund Company Profile

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.