The Taiwan Fund, Inc. (NYSE:TWN) Sees Dramatic Rise in Short Interest

The Taiwan Fund, Inc. (NYSE:TWN - Get Free Report) experienced a notable surge in short interest during March. As recorded on March 15th, the total short interest amounted to 5,300 shares, representing a substantial increase of 76.7% compared to the 3,000 shares shorted as of February 28th. Given the average trading volume of 27,500 shares, the short-interest ratio currently stands at 0.2 days. At this time, approximately 0.1% of the company’s total shares are sold short.

Performance of The Taiwan Fund Stocks

On Friday, The Taiwan Fund's stock decreased by $1.04, bringing the price down to $33.85. The trading volume for the day was recorded at 77,675 shares, significantly higher than the average volume of 21,390 shares. Over the past year, the stock has reached a low of $33.13 and a high of $47.24. The 50-day moving average price is $37.06, while the two-hundred day moving average is $41.13.

Institutional Investor Activity

In recent months, various hedge funds and institutional investors have made trades involving shares of The Taiwan Fund. Blue Bell Private Wealth Management LLC increased its stake in the fund by 20.3% during the fourth quarter, now holding 2,366 shares valued at $91,000 after an acquisition of 400 additional shares. Another institutional player, Cetera Investment Advisers, acquired shares of The Taiwan Fund in the fourth quarter, amounting to around $206,000. Similarly, Virtu Financial LLC invested in The Taiwan Fund during the same quarter, with an estimated value of $216,000. Walleye Capital LLC also entered a new position in the fund, purchasing shares valued at roughly $220,000. In the third quarter, HighTower Advisors LLC raised its position by 5.9%, owning a total of 5,831 shares worth $255,000 after an additional purchase of 324 shares.

About The Taiwan Fund

The Taiwan Fund, Inc is a closed-ended equity mutual fund that is managed by Nomura Asset Management U.S.A Inc. This fund targets investments within the public equity markets of Taiwan, aiming to invest in stocks across diverse sectors. By using fundamental analysis, the fund assesses factors such as growth prospects, competitive positioning, technological advancements, research and development, productivity, labor costs, raw material expenses, profit margins, as well as regulatory and management considerations when constructing its portfolio.

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Taiwan, Stocks, Investors