Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Short Interest Update

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF – Get Free Report) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 26,860 shares, a growth of 140.7% from the June 15th total of 11,159 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 90,691 shares, the short-interest ratio is presently 0.3 days.

Japan Smaller Capitalization Fund Trading Up 0.8%

Shares of JOF stock traded up $0.09 during mid-day trading on Tuesday, reaching $11.74. The stock had a trading volume of 15,643 shares, compared to its average volume of 99,966. Japan Smaller Capitalization Fund has a 12-month low of $9.52 and a 12-month high of $12.76. The business has a 50-day simple moving average of $11.64 and a 200 day simple moving average of $11.42.

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Japan Smaller Capitalization Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $0.0956 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 9.8%.

Hedge Funds Weigh In On Japan Smaller Capitalization Fund

Hedge funds have recently added to or reduced their stakes in the business. International Assets Investment Management LLC acquired a new position in Japan Smaller Capitalization Fund during the fourth quarter worth about $43,000. Western Wealth Management LLC purchased a new stake in shares of Japan Smaller Capitalization Fund in the first quarter valued at about $50,000. Bank of America Corp DE grew its position in shares of Japan Smaller Capitalization Fund by 144.7% in the fourth quarter. Bank of America Corp DE now owns 5,138 shares of the company’s stock valued at $39,000 after purchasing an additional 3,038 shares during the last quarter. Colonial Trust Advisors acquired a new stake in shares of Japan Smaller Capitalization Fund in the fourth quarter valued at approximately $104,000. Finally, Quantedge Capital Pte Ltd acquired a new stake in shares of Japan Smaller Capitalization Fund in the first quarter valued at approximately $131,000.

Japan Smaller Capitalization Fund Company Profile

(Get Free Report)

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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