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

Key Points

• Taiwan Fund, Inc. experienced a significant reduction in short interest in September, dropping from 7,500 shares to 3,000 shares, which marks a decrease of 60.0%.
• Large investors have recently increased their stakes in Taiwan Fund, with Matisse Capital raising its holdings by 7.1% and Shaker Financial Services LLC increasing its stake by 22.2% during the first quarter.
• The stock price of Taiwan Fund is currently at $54.24, significantly higher than its 12-month low of $26.45, indicating robust price performance relative to its past year.

Taiwan Fund, Inc. (The) (NYSE:TWN - ) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 3,000 shares, a drop of 60.0% from the August 31st total of 7,500 shares. Based on an average trading volume of 8,900 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 8,900 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Taiwan Fund

Large investors have recently modified their holdings of the business. Matisse Capital raised its stake in Taiwan Fund by 7.1% during the first quarter. Matisse Capital now owns 75,000 shares of the company's stock worth $2,491,000 after buying an additional 5,000 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in Taiwan Fund during the first quarter worth $830,000. Shaker Financial Services LLC raised its stake in Taiwan Fund by 22.2% during the first quarter. Shaker Financial Services LLC now owns 43,272 shares of the company's stock worth $1,437,000 after buying an additional 7,861 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. raised its stake in 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 buying an additional 5,387 shares during the last quarter. Finally, Strs Ohio bought a new position in Taiwan Fund during the first quarter worth $2,325,000.

Taiwan Fund Price Performance

Shares of TWN stock traded down $0.54 during trading hours on Thursday, hitting $54.24. 68,579 shares of the company's stock traded hands, compared to its average volume of 18,415. The stock's 50 day simple moving average is $50.21 and its 200 day simple moving average is $41.82. Taiwan Fund has a 12 month low of $26.45 and a 12 month high of $55.55.

About Taiwan Fund

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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