Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Director Buys $24,993.36 in Stock

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Director Arthur Blake Laby purchased 3,306 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The stock was acquired at an average price of $7.56 per share, for a total transaction of $24,993.36. Following the purchase, the director now owns 3,306 shares of the company’s stock, valued at approximately $24,993.36. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Japan Smaller Capitalization Fund Stock Down 0.5 %

Shares of Japan Smaller Capitalization Fund stock traded down $0.04 during trading on Tuesday, hitting $7.48. 11,938 shares of the stock traded hands, compared to its average volume of 37,024. Japan Smaller Capitalization Fund, Inc. has a twelve month low of $6.89 and a twelve month high of $8.34. The company has a fifty day moving average price of $7.72 and a two-hundred day moving average price of $7.78.

Japan Smaller Capitalization Fund Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, December 27th. Stockholders of record on Thursday, December 19th were issued a $0.3118 dividend. This is a boost from Japan Smaller Capitalization Fund’s previous annual dividend of $0.27. The ex-dividend date of this dividend was Thursday, December 19th. This represents a dividend yield of 3.3%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Virtu Financial LLC bought a new stake in shares of Japan Smaller Capitalization Fund in the 3rd quarter worth $104,000. Pekin Hardy Strauss Inc. lifted its holdings in Japan Smaller Capitalization Fund by 23.6% during the third quarter. Pekin Hardy Strauss Inc. now owns 16,119 shares of the company’s stock valued at $133,000 after purchasing an additional 3,075 shares in the last quarter. HighTower Advisors LLC grew its holdings in Japan Smaller Capitalization Fund by 7.7% during the 3rd quarter. HighTower Advisors LLC now owns 22,471 shares of the company’s stock valued at $181,000 after buying an additional 1,609 shares in the last quarter. Mraz Amerine & Associates Inc. bought a new stake in Japan Smaller Capitalization Fund in the third quarter worth about $259,000. Finally, International Assets Investment Management LLC raised its holdings in shares of Japan Smaller Capitalization Fund by 727.0% in the 3rd quarter. International Assets Investment Management LLC now owns 38,042 shares of the company’s stock valued at $315,000 after purchasing an additional 33,442 shares in the last quarter.

About Japan Smaller Capitalization Fund

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.