Short Interest in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Declines By 69.9%

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 7,189 shares, a drop of 69.9% from the December 31st total of 23,852 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 104,971 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 104,971 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On Japan Smaller Capitalization Fund

Several institutional investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC lifted its holdings in Japan Smaller Capitalization Fund by 9.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 5,487,892 shares of the company’s stock worth $57,842,000 after buying an additional 454,000 shares during the period. Shaker Financial Services LLC raised its position in shares of Japan Smaller Capitalization Fund by 45.9% in the 2nd quarter. Shaker Financial Services LLC now owns 97,575 shares of the company’s stock worth $941,000 after acquiring an additional 30,699 shares in the last quarter. Pekin Hardy Strauss Inc. raised its position in shares of Japan Smaller Capitalization Fund by 418.8% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 91,399 shares of the company’s stock worth $881,000 after acquiring an additional 73,780 shares in the last quarter. Mills Wealth Advisors LLC lifted its stake in shares of 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 worth $240,000 after purchasing an additional 2,070 shares during the last quarter. Finally, Mraz Amerine & Associates Inc. boosted its position in Japan Smaller Capitalization Fund by 39.0% during the second quarter. Mraz Amerine & Associates Inc. now owns 145,281 shares of the company’s stock valued at $1,401,000 after purchasing an additional 40,790 shares in the last quarter.

Japan Smaller Capitalization Fund Stock Performance

Shares of Japan Smaller Capitalization Fund stock traded down $0.12 during trading on Wednesday, hitting $11.55. 48,415 shares of the stock traded hands, compared to its average volume of 88,962. Japan Smaller Capitalization Fund has a 52-week low of $7.43 and a 52-week high of $11.72. The stock’s fifty day simple moving average is $10.88 and its 200 day simple moving average is $10.55.

Japan Smaller Capitalization Fund Dividend Announcement

The firm 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. This represents a c) annualized dividend and a dividend yield of 9.2%. The ex-dividend date of this dividend is Monday, March 16th.

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.