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

Taiwan Fund, Inc. (The) (NYSE:TWN) saw a large increase in short interest in 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. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 17,762 shares, the days-to-cover ratio is presently 0.3 days.

Taiwan Fund Stock Up 1.6%

NYSE:TWN traded up $1.60 on Friday, reaching $103.52. 4,287 shares of the company’s stock were exchanged, compared to its average volume of 20,963. The business has a fifty day moving average of $99.53 and a 200-day moving average of $91.81. Taiwan Fund has a 52-week low of $51.37 and a 52-week high of $108.83.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Susquehanna International Group LLP acquired a new position in shares of Taiwan Fund in the second quarter valued at approximately $268,000. Almitas Capital LLC purchased a new stake in Taiwan Fund during the 2nd quarter worth approximately $400,000. Hudson Portfolio Management LLC acquired a new stake in Taiwan Fund during the 2nd quarter worth approximately $625,000. Quantedge Capital Pte Ltd lifted its holdings in Taiwan Fund by 7.4% during the 1st quarter. Quantedge Capital Pte Ltd now owns 14,436 shares of the company’s stock worth $949,000 after buying an additional 1,000 shares in the last quarter. Finally, Evolve Private Wealth LLC acquired a new stake in Taiwan Fund during the 2nd quarter worth approximately $1,533,000.

About Taiwan Fund

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.