Short Interest in Taiwan Fund, Inc. (The) (NYSE:TWN) Drops By 82.9%

Taiwan Fund, Inc. (The) (NYSE:TWN) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 2,010 shares, a decline of 82.9% from the June 15th total of 11,781 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 67,481 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Taiwan Fund

Institutional investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. increased its stake in shares of Taiwan Fund by 40.8% in the second quarter. Osaic Holdings Inc. now owns 1,067 shares of the company’s stock worth $48,000 after purchasing an additional 309 shares in the last quarter. Quantedge Capital Pte Ltd lifted its stake in shares of Taiwan Fund by 7.4% during the 1st quarter. Quantedge Capital Pte Ltd now owns 14,436 shares of the company’s stock valued at $949,000 after buying an additional 1,000 shares in the last quarter. Evolve Private Wealth LLC purchased a new stake in shares of Taiwan Fund during the 4th quarter valued at approximately $915,000. Karpus Management Inc. boosted its holdings in Taiwan Fund by 86.4% in the 2nd quarter. Karpus Management Inc. now owns 91,145 shares of the company’s stock worth $4,084,000 after buying an additional 42,256 shares during the period. Finally, Lazard Asset Management LLC boosted its holdings in Taiwan Fund by 3.8% in the 4th quarter. Lazard Asset Management LLC now owns 1,123,030 shares of the company’s stock worth $59,947,000 after buying an additional 41,221 shares during the period.

Taiwan Fund Stock Down 3.6%

Shares of NYSE TWN traded down $3.44 during trading on Monday, reaching $91.42. 41,456 shares of the stock traded hands, compared to its average volume of 48,664. Taiwan Fund has a 52-week low of $44.36 and a 52-week high of $105.09. The company has a 50-day moving average of $95.64 and a 200-day moving average of $75.21.

About Taiwan Fund

Taiwan Fund, Inc (NYSE:TWN) is a closed-end management investment company that offers U.S. investors direct exposure to the Taiwanese equity market. Listed on the New York Stock Exchange, the fund seeks capital appreciation through a diversified portfolio of equity securities issued primarily by companies based in Taiwan. Its strategy provides access to one of Asia’s most dynamic markets, focusing on sectors such as technology, semiconductors, manufacturing, financial services and consumer goods.

The fund typically invests in common stocks of Taiwanese issuers traded on the Taiwan Stock Exchange, as well as equity-related instruments such as ADRs and foreign-listed securities of Taiwanese companies.