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

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) saw a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 9,687 shares, a drop of 50.1% from the February 26th total of 19,394 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 110,552 shares, the days-to-cover ratio is currently 0.1 days.

Japan Smaller Capitalization Fund Stock Down 1.8%

Shares of JOF traded down $0.20 during trading hours on Thursday, hitting $10.61. The stock had a trading volume of 73,211 shares, compared to its average volume of 115,419. The company’s fifty day moving average is $11.54 and its two-hundred day moving average is $10.95. Japan Smaller Capitalization Fund has a 52 week low of $7.43 and a 52 week high of $12.76.

Japan Smaller Capitalization Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $0.0887 dividend. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 10.0%.

Institutional Trading of Japan Smaller Capitalization Fund

Several hedge funds have recently modified their holdings of JOF. Bank of America Corp DE boosted its holdings in shares of 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 worth $39,000 after acquiring an additional 3,038 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Japan Smaller Capitalization Fund by 4.0% during the 3rd quarter. Raymond James Financial Inc. now owns 101,127 shares of the company’s stock valued at $1,066,000 after purchasing an additional 3,847 shares in the last quarter. Triasima Portfolio Management inc. increased its holdings in 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 valued at $167,000 after purchasing an additional 3,900 shares in the last quarter. International Assets Investment Management LLC bought a new position in Japan Smaller Capitalization Fund in the 4th quarter valued at $43,000. Finally, Pekin Hardy Strauss Inc. raised its position in Japan Smaller Capitalization Fund by 4.3% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 205,920 shares of the company’s stock valued at $2,282,000 after purchasing an additional 8,453 shares during the last quarter.

About Japan Smaller Capitalization Fund

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.