Altium Capital Management LLC Boosts Holdings in Japan Smaller Capitalization Fund, Inc. $JOF

Altium Capital Management LLC boosted its stake in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 278.2% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 150,412 shares of the company’s stock after buying an additional 110,637 shares during the quarter. Japan Smaller Capitalization Fund makes up about 3.9% of Altium Capital Management LLC’s holdings, making the stock its 14th biggest position. Altium Capital Management LLC’s holdings in Japan Smaller Capitalization Fund were worth $1,639,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. International Assets Investment Management LLC purchased a new stake in shares of Japan Smaller Capitalization Fund during the fourth quarter worth about $43,000. Bank of America Corp DE lifted its holdings in shares of Japan Smaller Capitalization Fund by 144.7% during the 4th quarter. Bank of America Corp DE now owns 5,138 shares of the company’s stock worth $39,000 after acquiring an additional 3,038 shares during the period. Colonial Trust Advisors acquired a new position in Japan Smaller Capitalization Fund during the fourth quarter worth approximately $104,000. CIBC Bancorp USA Inc. acquired a new position in shares of Japan Smaller Capitalization Fund in the 3rd quarter valued at $215,000. Finally, Triasima Portfolio Management inc. grew its stake in shares of Japan Smaller Capitalization Fund by 38.0% during the 4th quarter. Triasima Portfolio Management inc. now owns 21,800 shares of the company’s stock valued at $242,000 after buying an additional 6,000 shares during the period.

Japan Smaller Capitalization Fund Trading Up 0.1%

Shares of JOF traded up $0.01 during trading hours on Friday, hitting $11.74. The stock had a trading volume of 20,266 shares, compared to its average volume of 66,784. The company’s fifty day simple moving average is $11.63 and its 200 day simple moving average is $11.41. Japan Smaller Capitalization Fund, Inc. has a 12-month low of $9.52 and a 12-month high of $12.76.

Japan Smaller Capitalization Fund Announces Dividend

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

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.