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

Taiwan Fund, Inc. (The) (NYSE:TWN) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 2,010 shares, a decline of 82.9% from the June 15th total of 11,781 shares. Based on an average daily volume of 67,481 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Taiwan Fund

Several institutional investors have recently added to or reduced their stakes in TWN. Osaic Holdings Inc. grew its stake in shares of Taiwan Fund by 40.8% during the second quarter. Osaic Holdings Inc. now owns 1,067 shares of the company’s stock worth $48,000 after acquiring an additional 309 shares during the last quarter. Quantedge Capital Pte Ltd increased its holdings in shares of Taiwan Fund by 7.4% during the first quarter. Quantedge Capital Pte Ltd now owns 14,436 shares of the company’s stock valued at $949,000 after acquiring an additional 1,000 shares in the last quarter. Evolve Private Wealth LLC purchased a new position in shares of Taiwan Fund in the 4th quarter valued at approximately $915,000. Lazard Asset Management LLC raised its position in shares of Taiwan Fund by 3.8% in the 4th quarter. Lazard Asset Management LLC now owns 1,123,030 shares of the company’s stock valued at $59,947,000 after purchasing an additional 41,221 shares during the last quarter. Finally, Karpus Management Inc. boosted its stake in Taiwan Fund by 86.4% in the 2nd quarter. Karpus Management Inc. now owns 91,145 shares of the company’s stock worth $4,084,000 after purchasing an additional 42,256 shares in the last quarter.

Taiwan Fund Stock Up 0.7%

Shares of Taiwan Fund stock traded up $0.66 on Friday, reaching $94.91. The stock had a trading volume of 26,446 shares, compared to its average volume of 52,192. The company has a 50 day moving average price of $95.69 and a 200 day moving average price of $74.86. Taiwan Fund has a 1 year low of $44.36 and a 1 year high of $105.09.

About Taiwan Fund

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.