Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Sees Large Increase in Short Interest

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 13,789 shares, a growth of 91.8% from the January 15th total of 7,189 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 79,319 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 79,319 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Japan Smaller Capitalization Fund Stock Performance

JOF traded up $0.31 during trading on Friday, hitting $12.29. 457,219 shares of the company traded hands, compared to its average volume of 111,017. Japan Smaller Capitalization Fund has a 1 year low of $7.43 and a 1 year high of $12.30. The stock’s 50-day simple moving average is $11.16 and its two-hundred day simple moving average is $10.70.

Japan Smaller Capitalization Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a $0.0887 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a c) annualized dividend and a dividend yield of 8.7%.

Institutional Trading of Japan Smaller Capitalization Fund

Several institutional investors and hedge funds have recently modified their holdings of the stock. Colonial Trust Advisors acquired a new position in shares of Japan Smaller Capitalization Fund in the 4th quarter valued at $104,000. LPL Financial LLC purchased a new stake in Japan Smaller Capitalization Fund in the fourth quarter valued at approximately $641,000. Cibc World Market Inc. boosted its holdings in shares of Japan Smaller Capitalization Fund by 37.0% in the fourth quarter. Cibc World Market Inc. now owns 80,398 shares of the company’s stock valued at $891,000 after acquiring an additional 21,698 shares during the period. Blue Bell Private Wealth Management LLC increased its holdings in shares of Japan Smaller Capitalization Fund by 16.0% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 85,070 shares of the company’s stock valued at $943,000 after acquiring an additional 11,764 shares during the period. Finally, Mraz Amerine & Associates Inc. raised its position in 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 valued at $1,936,000 after purchasing an additional 19,659 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.