Taiwan Fund, Inc. (The) (NYSE:TWN) Shares Shorted: Short Interest Up 237.2% in September

Taiwan Fund, Inc. (The) (NYSE:TWN) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 5,941 shares, a growth of 237.2% from the September 15th total of 1,762 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 17,762 shares, the short-interest ratio is presently 0.3 days.

Taiwan Fund Stock Performance

Shares of TWN traded down $1.42 during midday trading on Tuesday, hitting $101.91. The company had a trading volume of 5,704 shares, compared to its average volume of 36,838. Taiwan Fund has a 1 year low of $51.37 and a 1 year high of $108.83. The company’s 50-day simple moving average is $99.91 and its 200-day simple moving average is $92.27.

Institutional Investors Weigh In On Taiwan Fund

A number of hedge funds and other institutional investors have recently modified their holdings of TWN. Quantedge Capital Pte Ltd lifted its position in shares of Taiwan Fund by 7.4% during the 1st quarter. Quantedge Capital Pte Ltd now owns 14,436 shares of the company’s stock worth $949,000 after purchasing an additional 1,000 shares during the last quarter. Susquehanna International Group LLP purchased a new position in Taiwan Fund in the second quarter valued at $268,000. Almitas Capital LLC purchased a new position in Taiwan Fund in the second quarter valued at $400,000. Hudson Portfolio Management LLC acquired a new stake in Taiwan Fund in the second quarter valued at $625,000. Finally, Evolve Private Wealth LLC acquired a new stake in Taiwan Fund in the second quarter valued at $1,533,000.

Taiwan Fund Company Profile

Taiwan Fund, Inc (NYSE: TWN) is a closed-end investment company that seeks long-term capital appreciation by investing primarily in equity securities of companies based in Taiwan or with significant business operations there.

The fund provides investors with exposure to Taiwan’s publicly traded companies across multiple industries. Its portfolio may include common stocks and other securities listed on Taiwan’s financial markets, with investment decisions focused on identifying opportunities within the Taiwanese economy.

As a country-focused fund, Taiwan Fund is designed to offer geographically targeted exposure rather than operate as an operating company that sells products or services.