Short Interest in The Taiwan Fund, Inc. (NYSE:TWN) Declines By 28.9%

The Taiwan Fund, Inc. (NYSE:TWN) was the target of a significant drop in short interest in May. As of May 31st, there was short interest totalling 8,600 shares, a drop of 28.9% from the May 15th total of 12,100 shares. Based on an average trading volume of 24,800 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

The Taiwan Fund Stock Performance

Shares of NYSE TWN opened at $42.68 on Tuesday. The Taiwan Fund has a one year low of $26.45 and a one year high of $47.24. The business’s 50-day moving average price is $35.12 and its two-hundred day moving average price is $37.31.

Institutional Investors Weigh In On The Taiwan Fund

Large investors have recently made changes to their positions in the company. Matisse Capital increased its holdings in shares of The Taiwan Fund by 7.1% during the 1st quarter. Matisse Capital now owns 75,000 shares of the company’s stock valued at $2,491,000 after acquiring an additional 5,000 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. boosted its position in The Taiwan Fund by 7.8% during the first quarter. Thomas J. Herzfeld Advisors Inc. now owns 74,104 shares of the company’s stock worth $2,461,000 after purchasing an additional 5,387 shares during the period. Strs Ohio acquired a new position in The Taiwan Fund during the first quarter valued at approximately $2,325,000. CSS LLC IL raised its position in shares of The Taiwan Fund by 1.5% in the fourth quarter. CSS LLC IL now owns 49,394 shares of the company’s stock valued at $1,909,000 after purchasing an additional 732 shares during the period. Finally, Shaker Financial Services LLC raised its position in shares of The Taiwan Fund by 22.2% in the first quarter. Shaker Financial Services LLC now owns 43,272 shares of the company’s stock valued at $1,437,000 after purchasing an additional 7,861 shares during the period.

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.