Taiwan Fund, Inc. (The) (NYSE:TWN) Sees Significant Increase in Short Interest

Key Points

• Taiwan Fund, Inc. experienced a significant increase in short interest, rising by 62.5% from July to August, with total short interest reaching 3,900 shares.
• Institutional investors such as Osaic Holdings Inc. and Matisse Capital have increased their stakes in the Taiwan Fund, indicating a growing confidence in the fund's performance.
• The stock price of Taiwan Fund has shown recent gains, trading up 1.2% to $51.10, while its twelve-month high is at $52.31.

Taiwan Fund, Inc. (The) (NYSE:TWN - ) saw a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 3,900 shares, anincreaseof62.5% from the July 31st total of 2,400 shares. Based on an average daily trading volume, of 12,000 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 12,000 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Osaic Holdings Inc. boosted its holdings in shares of Taiwan Fund by 40.8% during the 2nd quarter. Osaic Holdings Inc. now owns 1,067 shares of the company's stock worth $48,000 after purchasing an additional 309 shares during the last quarter. CSS LLC IL boosted its holdings in shares of Taiwan Fund by 1.5% during the 4th quarter. CSS LLC IL now owns 49,394 shares of the company's stock worth $1,909,000 after purchasing an additional 732 shares during the last quarter. Quantedge Capital Pte Ltd boosted its holdings in shares of Taiwan Fund by 2.1% during the 2nd quarter. Quantedge Capital Pte Ltd now owns 37,037 shares of the company's stock worth $1,660,000 after purchasing an additional 765 shares during the last quarter. Matisse Capital boosted its holdings in shares of 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 purchasing an additional 5,000 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new position in shares of Taiwan Fund during the 4th quarter worth approximately $206,000.

Taiwan Fund Trading Up 1.2%

TWN stock traded up $0.61 during trading on Friday, hitting $51.10. The stock had a trading volume of 16,495 shares, compared to its average volume of 8,602. Taiwan Fund has a twelve month low of $26.45 and a twelve month high of $52.31. The company's 50-day moving average price is $47.14 and its two-hundred day moving average price is $39.72.

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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