The Taiwan Fund, Inc. (NYSE:TWN) Sees Significant Drop in Short Interest

The Taiwan Fund, Inc. (NYSE:TWN) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 1,200 shares, a decrease of 45.5% from the February 29th total of 2,200 shares. Based on an average daily trading volume, of 19,100 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On The Taiwan Fund

Several institutional investors and hedge funds have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC grew its holdings in shares of The Taiwan Fund by 10.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 890,445 shares of the company’s stock worth $26,696,000 after acquiring an additional 86,429 shares during the period. Matisse Capital lifted its position in The Taiwan Fund by 295.9% during the third quarter. Matisse Capital now owns 45,000 shares of the company’s stock valued at $1,349,000 after buying an additional 33,634 shares during the period. Almitas Capital LLC boosted its holdings in shares of The Taiwan Fund by 18.8% during the 3rd quarter. Almitas Capital LLC now owns 78,924 shares of the company’s stock valued at $2,366,000 after buying an additional 12,472 shares in the last quarter. 1607 Capital Partners LLC grew its position in shares of The Taiwan Fund by 1.4% in the 3rd quarter. 1607 Capital Partners LLC now owns 656,003 shares of the company’s stock worth $19,667,000 after buying an additional 8,846 shares during the period. Finally, Landscape Capital Management L.L.C. purchased a new position in The Taiwan Fund during the 3rd quarter valued at about $236,000.

The Taiwan Fund Stock Performance

Shares of The Taiwan Fund stock traded down $0.22 during trading on Thursday, reaching $39.53. 1,918 shares of the stock were exchanged, compared to its average volume of 19,748. The Taiwan Fund has a 1 year low of $25.22 and a 1 year high of $41.51. The stock’s fifty day moving average is $38.32 and its 200 day moving average is $34.03.

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.