The Taiwan Fund, Inc. (NYSE:TWN) Short Interest Update

The Taiwan Fund, Inc. (NYSE:TWN) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 6,200 shares, a drop of 19.5% from the August 15th total of 7,700 shares. Based on an average trading volume of 18,800 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of The Taiwan Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Matisse Capital grew its holdings in The Taiwan Fund by 1.8% during the 1st quarter. Matisse Capital now owns 65,000 shares of the company’s stock valued at $2,575,000 after buying an additional 1,149 shares in the last quarter. Rothschild Investment LLC purchased a new position in The Taiwan Fund during the second quarter valued at $52,000. Bulldog Investors LLP grew its stake in The Taiwan Fund by 1.6% during the fourth quarter. Bulldog Investors LLP now owns 230,999 shares of the company’s stock valued at $7,974,000 after acquiring an additional 3,590 shares in the last quarter. Karpus Management Inc. increased its holdings in The Taiwan Fund by 4.2% in the 4th quarter. Karpus Management Inc. now owns 119,693 shares of the company’s stock valued at $4,140,000 after acquiring an additional 4,813 shares during the last quarter. Finally, 1607 Capital Partners LLC lifted its stake in The Taiwan Fund by 1.0% in the 4th quarter. 1607 Capital Partners LLC now owns 662,740 shares of the company’s stock worth $22,924,000 after purchasing an additional 6,737 shares in the last quarter.

The Taiwan Fund Stock Performance

Shares of The Taiwan Fund stock opened at $42.95 on Friday. The stock’s 50-day simple moving average is $42.51 and its 200-day simple moving average is $41.08. The Taiwan Fund has a 52 week low of $27.03 and a 52 week high of $46.41.

About The Taiwan Fund

The Taiwan Fund, Inc is a closed-ended equity mutual fund launched and managed by Nomura Asset Management U.SA Inc It invests in the public equity markets of Taiwan. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental analysis focusing on such factors as overall growth prospects, competitive position in the respective industry, technology, research, and development, productivity, labor costs, raw material costs and sources, profit margins, return on investment, capital resources, government regulation, and management to create its portfolio.