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

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF - Get Free Report) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 19,700 shares, a decrease of 29.9% from the August 31st total of 28,100 shares. Based on an average daily trading volume, of 68,600 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 68,600 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Japan Smaller Capitalization Fund

Several large investors have recently made changes to their positions in JOF. Bank of America Corp DE boosted its holdings in shares of 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 valued at $7,664,000 after buying an additional 792,918 shares during the last quarter. Pekin Hardy Strauss Inc. lifted its holdings in Japan Smaller Capitalization Fund by 418.8% during the 2nd quarter. Pekin Hardy Strauss Inc. now owns 91,399 shares of the company's stock valued at $881,000 after purchasing an additional 73,780 shares during the last quarter. Mraz Amerine & Associates Inc. lifted its holdings in Japan Smaller Capitalization Fund by 39.0% during the 2nd quarter. Mraz Amerine & Associates Inc. now owns 145,281 shares of the company's stock valued at $1,401,000 after purchasing an additional 40,790 shares during the last quarter. Shaker Financial Services LLC lifted its holdings in Japan Smaller Capitalization Fund by 45.9% during the 2nd quarter. Shaker Financial Services LLC now owns 97,575 shares of the company's stock valued at $941,000 after purchasing an additional 30,699 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its holdings in Japan Smaller Capitalization Fund by 0.8% during the 2nd quarter. Lazard Asset Management LLC now owns 2,320,298 shares of the company's stock valued at $22,367,000 after purchasing an additional 19,460 shares during the last quarter.

Japan Smaller Capitalization Fund Price Performance

NYSE JOF opened at $10.72 on Monday. Japan Smaller Capitalization Fund has a 12 month low of $7.43 and a 12 month high of $10.98. The stock has a 50 day moving average of $10.49 and a 200-day moving average of $9.57.

Japan Smaller Capitalization Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be issued a $0.0887 dividend. This represents a c) annualized dividend and a dividend yield of 9.9%. The ex-dividend date of this dividend is Monday, December 15th.

Japan Smaller Capitalization Fund Company Profile

Japan Smaller Capitalization Fund, Inc is a closed-ended equity mutual fund launched by Nomura Asset Management U.SA Inc It is managed by Nomura Asset Management Co, Ltd. The fund invests in the public equity markets of Japan. It invests in stocks traded on the Tokyo, Osaka and Nagoya Stock Exchanges, JASDAQ, Mothers, Hercules, Centrex, and other indices.

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