Short Interest in The Taiwan Fund, Inc. (NYSE:TWN) Increases By 5,358.3%

The Taiwan Fund, Inc. (NYSE:TWN - Get Free Report) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 65,500 shares, a growth of 5,358.3% from the March 15th total of 1,200 shares. Based on an average daily trading volume, of 98,900 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On The Taiwan Fund

Several large investors have recently modified their holdings of TWN. Allspring Global Investments Holdings LLC raised its position in shares of The Taiwan Fund by 10.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 890,445 shares of the company's stock worth $26,696,000 after purchasing an additional 86,429 shares during the last quarter. Matisse Capital increased its holdings in The Taiwan Fund by 295.9% in the 3rd quarter. Matisse Capital now owns 45,000 shares of the company's stock worth $1,349,000 after buying an additional 33,634 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in The Taiwan Fund in the 1st quarter worth about $991,000. Almitas Capital LLC increased its holdings in The Taiwan Fund by 18.8% in the 3rd quarter. Almitas Capital LLC now owns 78,924 shares of the company's stock worth $2,366,000 after buying an additional 12,472 shares in the last quarter. Finally, 1607 Capital Partners LLC increased its holdings in 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 in the last quarter.

The Taiwan Fund Price Performance

Shares of TWN traded down $0.48 during trading hours on Wednesday, hitting $39.94. The company had a trading volume of 1,984 shares, compared to its average volume of 19,245. The firm has a fifty day moving average price of $39.17 and a 200-day moving average price of $34.69. The Taiwan Fund has a 52-week low of $25.22 and a 52-week high of $41.51.

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.

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