Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Short Interest Up 252.2% in February

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) saw a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 19,394 shares, an increase of 252.2% from the February 12th total of 5,507 shares. Based on an average daily volume of 129,337 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 129,337 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Japan Smaller Capitalization Fund

Large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in Japan Smaller Capitalization Fund by 144.7% in the 4th 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. boosted its position in 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 purchasing an additional 3,847 shares during the period. Triasima Portfolio Management inc. increased its stake in shares of Japan Smaller Capitalization Fund by 32.8% in the third quarter. Triasima Portfolio Management inc. now owns 15,800 shares of the company’s stock worth $167,000 after purchasing an additional 3,900 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of Japan Smaller Capitalization Fund in the fourth quarter valued at approximately $43,000. Finally, Pekin Hardy Strauss Inc. raised its position in shares of Japan Smaller Capitalization Fund by 4.3% in the fourth quarter. Pekin Hardy Strauss Inc. now owns 205,920 shares of the company’s stock valued at $2,282,000 after purchasing an additional 8,453 shares during the period.

Japan Smaller Capitalization Fund Price Performance

Japan Smaller Capitalization Fund stock traded down $0.20 during trading on Friday, hitting $10.75. The stock had a trading volume of 19,304 shares, compared to its average volume of 112,299. The stock’s 50 day moving average is $11.62 and its two-hundred day moving average is $10.94. Japan Smaller Capitalization Fund has a 1 year low of $7.43 and a 1 year high of $12.76.

Japan Smaller Capitalization Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.0887 per share. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%. The ex-dividend date of this dividend is Monday, June 15th.

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.