Raffles Associates LP Acquires Shares of 110,967 Japan Smaller Capitalization Fund, Inc. $JOF

Raffles Associates LP bought a new position in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 110,967 shares of the company’s stock, valued at approximately $1,307,000. Japan Smaller Capitalization Fund accounts for 1.1% of Raffles Associates LP’s investment portfolio, making the stock its 24th biggest position. Raffles Associates LP owned about 0.39% of Japan Smaller Capitalization Fund at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Lazard Asset Management LLC lifted its stake in shares of Japan Smaller Capitalization Fund by 0.9% during the 1st quarter. Lazard Asset Management LLC now owns 3,500,613 shares of the company’s stock valued at $38,157,000 after buying an additional 29,748 shares in the last quarter. Bank of America Corp DE boosted its holdings in Japan Smaller Capitalization Fund by 37,758.0% in the 2nd quarter. Bank of America Corp DE now owns 795,018 shares of the company’s stock worth $7,664,000 after buying an additional 792,918 shares during the period. Almitas Capital LLC purchased a new position in Japan Smaller Capitalization Fund in the 2nd quarter valued at approximately $4,551,000. Mraz Amerine & Associates Inc. grew its stake 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 buying an additional 19,659 shares in the last quarter. Finally, Altium Capital Management LLC grew its stake in 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 valued at $1,639,000 after buying an additional 110,637 shares in the last quarter.

Japan Smaller Capitalization Fund Stock Performance

NYSE:JOF opened at $12.60 on Friday. The stock’s fifty day moving average price is $11.84 and its two-hundred day moving average price is $11.57. Japan Smaller Capitalization Fund, Inc. has a 1 year low of $9.94 and a 1 year high of $12.76.

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.