Taiwan Fund, Inc. (The) (NYSE:TWN) Stock Short Interest Rises 237.2%

Taiwan Fund, Inc. (The) (NYSE:TWN) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 5,941 shares, an increase of 237.2% from the September 15th total of 1,762 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 17,762 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Taiwan Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio bought a new position in shares of Taiwan Fund during the second quarter worth about $10,391,000. Evolve Private Wealth LLC acquired a new position in shares of Taiwan Fund in the second quarter worth approximately $1,533,000. Quantedge Capital Pte Ltd lifted its stake in shares of Taiwan Fund by 7.4% in the first quarter. Quantedge Capital Pte Ltd now owns 14,436 shares of the company’s stock worth $949,000 after acquiring an additional 1,000 shares during the period. Hudson Portfolio Management LLC acquired a new position in shares of Taiwan Fund in the second quarter worth approximately $625,000. Finally, Almitas Capital LLC bought a new stake in Taiwan Fund in the second quarter valued at approximately $400,000.

Taiwan Fund Stock Down 0.2%

NYSE:TWN traded down $0.19 during trading hours on Monday, hitting $103.06. 7,725 shares of the company were exchanged, compared to its average volume of 36,998. Taiwan Fund has a one year low of $51.37 and a one year high of $108.83. The company has a fifty day simple moving average of $99.53 and a 200 day simple moving average of $92.00.

Taiwan Fund Company Profile

Taiwan Fund, Inc (NYSE: TWN) is a closed-end investment company that seeks long-term capital appreciation by investing primarily in equity securities of companies based in Taiwan or with significant business operations there.

The fund provides investors with exposure to Taiwan’s publicly traded companies across multiple industries. Its portfolio may include common stocks and other securities listed on Taiwan’s financial markets, with investment decisions focused on identifying opportunities within the Taiwanese economy.

As a country-focused fund, Taiwan Fund is designed to offer geographically targeted exposure rather than operate as an operating company that sells products or services.