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 July. As of July 31st, there was short interest totaling 6,533 shares, a decrease of 80.5% from the July 15th total of 33,437 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 96,929 shares, the short-interest ratio is currently 0.1 days.

Japan Smaller Capitalization Fund Trading Up 1.3%

JOF opened at $12.42 on Wednesday. The stock has a fifty day simple moving average of $11.62 and a two-hundred day simple moving average of $11.49. Japan Smaller Capitalization Fund has a 12-month low of $9.94 and a 12-month high of $12.76.

Japan Smaller Capitalization Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a $0.0956 dividend. 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 9.2%.

Institutional Investors Weigh In On Japan Smaller Capitalization Fund

Hedge funds have recently bought and sold shares of the business. Lazard Asset Management LLC grew its holdings in Japan Smaller Capitalization Fund by 0.9% in the first quarter. Lazard Asset Management LLC now owns 3,500,613 shares of the company’s stock worth $38,157,000 after purchasing an additional 29,748 shares during the period. Bank of America Corp DE lifted its holdings in shares of Japan Smaller Capitalization Fund by 37,758.0% during the second quarter. Bank of America Corp DE now owns 795,018 shares of the company’s stock valued at $7,664,000 after purchasing an additional 792,918 shares during the last quarter. Pekin Hardy Strauss Inc. boosted its position in shares of 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 worth $2,282,000 after purchasing an additional 8,453 shares in the last quarter. Mraz Amerine & Associates Inc. boosted its position in shares of Japan Smaller Capitalization Fund by 12.7% in the 4th quarter. Mraz Amerine & Associates Inc. now owns 174,710 shares of the company’s stock worth $1,936,000 after purchasing an additional 19,659 shares in the last quarter. Finally, Altium Capital Management LLC grew its stake in shares of Japan Smaller Capitalization Fund by 278.2% in the 1st quarter. Altium Capital Management LLC now owns 150,412 shares of the company’s stock worth $1,639,000 after buying an additional 110,637 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.