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

Japan Smaller Capitalization Fund, Inc. (NYSE:JOFGet Free Report) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 23,852 shares, an increase of 36.7% from the December 15th total of 17,449 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 45,848 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 45,848 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s shares are sold short.

Japan Smaller Capitalization Fund Stock Performance

NYSE:JOF traded up $0.04 on Friday, hitting $11.32. 89,590 shares of the stock were exchanged, 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’s 50-day moving average price is $10.74 and its 200 day moving average price is $10.46.

Japan Smaller Capitalization Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be issued a $0.0887 dividend. This represents a c) annualized dividend and a yield of 9.4%. The ex-dividend date is Monday, March 16th.

Institutional Trading of Japan Smaller Capitalization Fund

Institutional investors have recently bought and sold shares of the business. Sax Wealth Advisors LLC acquired a new position in Japan Smaller Capitalization Fund in the fourth quarter valued at about $302,000. CIBC Bancorp USA Inc. acquired a new position in shares of Japan Smaller Capitalization Fund in the 3rd quarter valued at approximately $215,000. Bulldog Investors LLP grew its position in shares of Japan Smaller Capitalization Fund by 184.4% in the 3rd quarter. Bulldog Investors LLP now owns 217,948 shares of the company’s stock valued at $2,297,000 after purchasing an additional 141,310 shares during the period. Raymond James Financial Inc. increased its stake 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 worth $1,066,000 after purchasing an additional 3,847 shares in the last quarter. Finally, Pekin Hardy Strauss Inc. raised its holdings in Japan Smaller Capitalization Fund by 116.0% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 197,467 shares of the company’s stock worth $2,081,000 after buying an additional 106,068 shares during the period.

About Japan Smaller Capitalization Fund

(Get Free Report)

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.

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