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

Taiwan Fund, Inc. (The) (NYSE:TWN) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 2,078 shares, a decline of 66.5% from the August 15th total of 6,195 shares. Based on an average daily volume of 27,437 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On Taiwan Fund

Institutional investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio bought a new stake in Taiwan Fund during the second quarter worth $10,391,000. Hudson Portfolio Management LLC bought a new position in Taiwan Fund in the 2nd quarter valued at $625,000. Evolve Private Wealth LLC bought a new position in Taiwan Fund in the 2nd quarter valued at $1,533,000. Quantedge Capital Pte Ltd grew its stake in Taiwan Fund by 7.4% in the 1st quarter. Quantedge Capital Pte Ltd now owns 14,436 shares of the company’s stock valued at $949,000 after purchasing an additional 1,000 shares during the period. Finally, Susquehanna International Group LLP purchased a new stake in shares of Taiwan Fund during the 2nd quarter valued at $268,000.

Taiwan Fund Trading Up 2.8%

TWN stock traded up $2.85 during trading on Friday, reaching $103.21. The stock had a trading volume of 24,822 shares, compared to its average volume of 27,783. Taiwan Fund has a one year low of $51.37 and a one year high of $108.83. The company’s 50 day moving average is $94.03 and its two-hundred day moving average is $86.36.

Taiwan Fund Company Profile

Taiwan Fund, Inc (NYSE:TWN) is a closed-end management investment company that offers U.S. investors direct exposure to the Taiwanese equity market. Listed on the New York Stock Exchange, the fund seeks capital appreciation through a diversified portfolio of equity securities issued primarily by companies based in Taiwan. Its strategy provides access to one of Asia’s most dynamic markets, focusing on sectors such as technology, semiconductors, manufacturing, financial services and consumer goods.

The fund typically invests in common stocks of Taiwanese issuers traded on the Taiwan Stock Exchange, as well as equity-related instruments such as ADRs and foreign-listed securities of Taiwanese companies.