Short Interest in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Rises By 36.7%

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 23,852 shares, a growth of 36.7% from the December 15th total of 17,449 shares. Based on an average daily volume of 45,848 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 45,848 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Bank of America Corp DE grew its position in shares of 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 worth $39,000 after buying an additional 3,038 shares during the last quarter. Triasima Portfolio Management inc. lifted its stake in 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 acquiring an additional 3,900 shares during the period. CIBC Bancorp USA Inc. bought a new stake in Japan Smaller Capitalization Fund in the third quarter valued at $215,000. Mills Wealth Advisors LLC increased its position in Japan Smaller Capitalization Fund by 9.1% during the 2nd quarter. Mills Wealth Advisors LLC now owns 24,851 shares of the company’s stock valued at $240,000 after purchasing an additional 2,070 shares during the period. Finally, Sax Wealth Advisors LLC purchased a new stake in shares of Japan Smaller Capitalization Fund in the 4th quarter worth about $302,000.

Japan Smaller Capitalization Fund Stock Up 0.3%

Shares of Japan Smaller Capitalization Fund stock traded up $0.04 on Monday, hitting $11.32. The stock had a trading volume of 89,590 shares, compared to its average volume of 73,873. Japan Smaller Capitalization Fund has a one year low of $7.43 and a one year high of $11.36. The stock’s 50-day simple moving average is $10.74 and its two-hundred day simple moving average is $10.47.

Japan Smaller Capitalization Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a dividend of $0.0887 per share. This represents a c) annualized dividend and a dividend yield of 9.4%. The ex-dividend date of this dividend is Monday, March 16th.

Japan Smaller Capitalization Fund Company Profile

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.