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

The Taiwan Fund, Inc. (NYSE:TWN - Get Free Report) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 23,900 shares, an increase of 350.9% from the March 15th total of 5,300 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 26,800 shares, the days-to-cover ratio is currently 0.9 days.

The Taiwan Fund Trading Down 0.4 %

TWN traded down $0.14 during midday trading on Friday, hitting $30.26. The company had a trading volume of 13,117 shares, compared to its average volume of 22,442. The firm's 50-day simple moving average is $34.39 and its 200-day simple moving average is $39.57. The Taiwan Fund has a twelve month low of $26.45 and a twelve month high of $47.24.

Institutional Trading of The Taiwan Fund

Several institutional investors and hedge funds have recently made changes to their positions in TWN. Nomura Asset Management Co. Ltd. acquired a new stake in The Taiwan Fund during the 4th quarter worth $1,269,000. LPL Financial LLC acquired a new stake in shares of The Taiwan Fund during the fourth quarter worth about $737,000. Quantedge Capital Pte Ltd lifted its holdings in shares of The Taiwan Fund by 41.8% during the 4th quarter. Quantedge Capital Pte Ltd now owns 25,081 shares of the company's stock valued at $969,000 after purchasing an additional 7,395 shares in the last quarter. Janus Henderson Group PLC acquired a new position in shares of The Taiwan Fund in the 4th quarter valued at approximately $268,000. Finally, Virtu Financial LLC bought a new stake in The Taiwan Fund during the 4th quarter worth approximately $216,000.

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.