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

The Taiwan Fund, Inc. (NYSE:TWN) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 3,000 shares, a decrease of 43.4% from the February 13th total of 5,300 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 27,400 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On The Taiwan Fund

Several institutional investors have recently modified their holdings of the company. CSS LLC IL grew its holdings in The Taiwan Fund by 1.5% in the 4th quarter. CSS LLC IL now owns 49,394 shares of the company’s stock valued at $1,909,000 after buying an additional 732 shares during the period. Quantedge Capital Pte Ltd boosted its holdings in The Taiwan Fund by 41.8% in the fourth quarter. Quantedge Capital Pte Ltd now owns 25,081 shares of the company’s stock worth $969,000 after purchasing an additional 7,395 shares during the period. Janus Henderson Group PLC bought a new position in The Taiwan Fund in the fourth quarter worth about $268,000. Cetera Investment Advisers bought a new stake in The Taiwan Fund in the 4th quarter valued at about $206,000. Finally, Almitas Capital LLC boosted its position in shares of The Taiwan Fund by 12.7% during the fourth quarter. Almitas Capital LLC now owns 8,547 shares of the company’s stock worth $330,000 after buying an additional 962 shares during the period.

The Taiwan Fund Stock Down 2.5 %

Shares of TWN stock opened at $34.42 on Friday. The business’s fifty day moving average price is $37.93 and its 200 day moving average price is $41.82. The Taiwan Fund has a 1-year low of $34.18 and a 1-year high of $47.24.

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.