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 increase in short interest in the month of June. As of June 30th, there was short interest totaling 26,860 shares, an increase of 140.7% from the June 15th total of 11,159 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 90,691 shares, the days-to-cover ratio is currently 0.3 days.

Japan Smaller Capitalization Fund Price Performance

Japan Smaller Capitalization Fund stock traded down $0.01 during midday trading on Thursday, hitting $11.54. The company’s stock had a trading volume of 18,050 shares, compared to its average volume of 99,579. The stock’s 50-day moving average price is $11.65 and its 200-day moving average price is $11.43. Japan Smaller Capitalization Fund has a 12 month low of $9.56 and a 12 month high of $12.76.

Japan Smaller Capitalization Fund Dividend Announcement

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

Institutional Trading of Japan Smaller Capitalization Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its holdings in shares of Japan Smaller Capitalization Fund by 144.7% during the fourth 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 during the period. Raymond James Financial Inc. raised its holdings 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 acquiring an additional 3,847 shares in the last quarter. International Assets Investment Management LLC purchased a new position in Japan Smaller Capitalization Fund in the fourth quarter valued at about $43,000. Western Wealth Management LLC acquired a new position in Japan Smaller Capitalization Fund in the 1st quarter worth about $50,000. Finally, Triasima Portfolio Management inc. increased its position in Japan Smaller Capitalization Fund by 38.0% in the 4th quarter. Triasima Portfolio Management inc. now owns 21,800 shares of the company’s stock worth $242,000 after purchasing an additional 6,000 shares during 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.