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

The Taiwan Fund, Inc. (NYSE:TWNGet Free Report) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 6,200 shares, a decline of 19.5% from the August 15th total of 7,700 shares. Based on an average trading volume of 18,800 shares, the short-interest ratio is currently 0.3 days.

The Taiwan Fund Stock Performance

Shares of NYSE:TWN traded down $0.29 during trading on Tuesday, reaching $42.44. 45,148 shares of the company traded hands, compared to its average volume of 19,573. The Taiwan Fund has a 52-week low of $27.03 and a 52-week high of $46.41. The business’s fifty day moving average is $42.46 and its 200-day moving average is $41.12.

Institutional Investors Weigh In On The Taiwan Fund

Large investors have recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new position in shares of The Taiwan Fund during the second quarter valued at about $52,000. Sanctuary Advisors LLC purchased a new position in The Taiwan Fund during the 2nd quarter valued at about $819,000. Banque Cantonale Vaudoise bought a new position in The Taiwan Fund during the 1st quarter valued at approximately $991,000. Matisse Capital raised its position 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 purchasing an additional 1,149 shares during the last quarter. Finally, Karpus Management Inc. raised its holdings in shares of The Taiwan Fund by 4.2% during the fourth 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 in the last quarter.

About The Taiwan Fund

(Get Free Report)

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.

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