Short Interest in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Grows By 36.7%

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 23,852 shares, a growth of 36.7% from the December 15th total of 17,449 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 45,848 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 45,848 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On Japan Smaller Capitalization Fund

Large investors have recently added to or reduced their stakes in the business. 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 valued at $39,000 after acquiring an additional 3,038 shares in the last quarter. Triasima Portfolio Management inc. raised its position in shares of Japan Smaller Capitalization Fund by 32.8% during the 3rd quarter. Triasima Portfolio Management inc. now owns 15,800 shares of the company’s stock worth $167,000 after purchasing an additional 3,900 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in Japan Smaller Capitalization Fund during the 3rd quarter valued at $215,000. Mills Wealth Advisors LLC grew its holdings in Japan Smaller Capitalization Fund by 9.1% during the 2nd quarter. Mills Wealth Advisors LLC now owns 24,851 shares of the company’s stock valued at $240,000 after buying an additional 2,070 shares during the last quarter. Finally, Sax Wealth Advisors LLC purchased a new position in Japan Smaller Capitalization Fund during the fourth quarter worth $302,000.

Japan Smaller Capitalization Fund Stock Performance

NYSE JOF traded up $0.04 during mid-day trading on Monday, hitting $11.32. The stock had a trading volume of 89,590 shares, compared to its average volume of 73,873. Japan Smaller Capitalization Fund has a 52-week low of $7.43 and a 52-week high of $11.36. The company has a 50 day simple moving average of $10.74 and a 200 day simple moving average of $10.47.

Japan Smaller Capitalization Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a $0.0887 dividend. The ex-dividend date is Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 9.4%.

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.