Taiwan Fund, Inc. (The) (NYSE:TWN) Short Interest Update

Taiwan Fund, Inc. (The) (NYSE:TWN - Get Free Report) was the recipient of a large drop in short interest in the month of 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 daily volume of 24,800 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company's shares are short sold.

Taiwan Fund Price Performance

NYSE:TWN traded down $0.30 during trading hours on Friday, hitting $42.69. 3,948 shares of the stock traded hands, compared to its average volume of 23,634. The firm has a 50 day moving average price of $35.91 and a 200 day moving average price of $37.38. Taiwan Fund has a fifty-two week low of $26.45 and a fifty-two week high of $47.24.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Matisse Capital boosted its position in Taiwan Fund by 7.1% during the 1st quarter. Matisse Capital now owns 75,000 shares of the company's stock worth $2,491,000 after acquiring an additional 5,000 shares during the period. Thomas J. Herzfeld Advisors Inc. boosted its holdings in shares of 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 purchased a new position in Taiwan Fund during the first quarter valued at approximately $2,325,000. CSS LLC IL increased its stake in 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. Finally, Shaker Financial Services LLC increased its stake in Taiwan Fund by 22.2% in the 1st quarter. Shaker Financial Services LLC now owns 43,272 shares of the company's stock valued at $1,437,000 after buying an additional 7,861 shares during the period.

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.