The Taiwan Fund, Inc. (NYSE:TWN) Sees Large Growth in Short Interest

The Taiwan Fund, Inc. (NYSE:TWN) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 5,300 shares, an increase of 76.7% from the February 28th total of 3,000 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 27,500 shares, the short-interest ratio is presently 0.2 days.

The Taiwan Fund Stock Performance

TWN stock opened at $33.85 on Monday. The Taiwan Fund has a 1 year low of $33.13 and a 1 year high of $47.24. The business has a 50 day simple moving average of $37.06 and a 200-day simple moving average of $41.13.

Institutional Trading of The Taiwan Fund

A number of hedge funds and other institutional investors have recently modified their holdings of TWN. Blue Bell Private Wealth Management LLC grew its stake in shares of The Taiwan Fund by 20.3% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 2,366 shares of the company’s stock valued at $91,000 after buying an additional 400 shares during the period. Cetera Investment Advisers acquired a new position in The Taiwan Fund in the fourth quarter valued at approximately $206,000. Virtu Financial LLC purchased a new position in The Taiwan Fund in the fourth quarter worth approximately $216,000. Walleye Capital LLC acquired a new stake in The Taiwan Fund during the third quarter worth $220,000. Finally, HighTower Advisors LLC increased its stake in The Taiwan Fund by 5.9% during the third quarter. HighTower Advisors LLC now owns 5,831 shares of the company’s stock worth $255,000 after acquiring an additional 324 shares during the last quarter.

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.