Japan Smaller Capitalization Fund, Inc. (NYSE:JOF – Get Free Report) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 14,590 shares, a growth of 50.6% from the March 15th total of 9,687 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 108,990 shares, the short-interest ratio is presently 0.1 days.
Japan Smaller Capitalization Fund Stock Up 1.2%
NYSE:JOF traded up $0.13 on Tuesday, reaching $11.13. 97,791 shares of the company’s stock were exchanged, compared to its average volume of 116,982. The business has a fifty day moving average of $11.41 and a 200-day moving average of $10.96. Japan Smaller Capitalization Fund has a 52-week low of $8.19 and a 52-week high of $12.76.
Japan Smaller Capitalization Fund Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.0887 per share. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 9.6%.
Institutional Trading of Japan Smaller Capitalization Fund
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.
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