The Taiwan Fund, Inc. (NYSE:TWN) Sees Large Decrease in Short Interest

The Taiwan Fund, Inc. (NYSE:TWN) saw a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 5,100 shares, a decline of 28.2% from the January 15th total of 7,100 shares. Based on an average daily volume of 25,800 shares, the short-interest ratio is currently 0.2 days.

The Taiwan Fund Price Performance

Shares of TWN traded up $0.14 during midday trading on Friday, hitting $38.47. The company had a trading volume of 25,567 shares, compared to its average volume of 21,841. The company’s 50 day moving average price is $40.48 and its 200 day moving average price is $42.31. The Taiwan Fund has a 52 week low of $36.07 and a 52 week high of $47.24.

The Taiwan Fund Increases Dividend

The business also recently announced an annual dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, December 27th were given a $7.3984 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a dividend yield of 16.17%. This is an increase from The Taiwan Fund’s previous annual dividend of $0.44.

Institutional Investors Weigh In On The Taiwan Fund

A number of institutional investors have recently modified their holdings of TWN. Landscape Capital Management L.L.C. grew its position in shares of The Taiwan Fund by 1.3% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 17,653 shares of the company’s stock valued at $775,000 after buying an additional 222 shares during the last quarter. Walleye Capital LLC bought a new position in The Taiwan Fund in the 3rd quarter worth about $220,000. HighTower Advisors LLC grew its position in The Taiwan Fund by 5.9% in the 3rd quarter. HighTower Advisors LLC now owns 5,831 shares of the company’s stock worth $255,000 after purchasing an additional 324 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in The Taiwan Fund in the 3rd quarter worth about $14,483,000. Finally, Matisse Capital grew its position in The Taiwan Fund by 1.4% in the 4th quarter. Matisse Capital now owns 70,000 shares of the company’s stock worth $2,706,000 after purchasing an additional 1,000 shares during the last quarter.

The Taiwan Fund Company Profile

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.