Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Short Interest Up 140.7% in June

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 26,860 shares, a growth of 140.7% from the June 15th total of 11,159 shares. Based on an average trading volume of 90,691 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Bank of America Corp DE lifted 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 valued at $39,000 after purchasing an additional 3,038 shares during the last quarter. Raymond James Financial Inc. boosted its position in 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 purchasing an additional 3,847 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Japan Smaller Capitalization Fund in the fourth quarter valued at $43,000. Western Wealth Management LLC acquired a new position in shares of Japan Smaller Capitalization Fund in the first quarter valued at $50,000. Finally, Triasima Portfolio Management inc. raised its position in shares of 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 purchasing an additional 6,000 shares during the period.

Japan Smaller Capitalization Fund Trading Down 0.8%

Shares of Japan Smaller Capitalization Fund stock traded down $0.09 on Wednesday, reaching $11.56. 75,562 shares of the company were exchanged, compared to its average volume of 100,193. Japan Smaller Capitalization Fund has a one year low of $9.52 and a one year high of $12.76. The company has a 50-day moving average of $11.65 and a 200 day moving average of $11.43.

Japan Smaller Capitalization Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $0.0956 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 9.9%.

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.