Taiwan Fund, Inc. (The) (NYSE:TWN – Get Free Report) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 2,078 shares, a decline of 66.5% from the August 15th total of 6,195 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 27,437 shares, the short-interest ratio is presently 0.1 days.
Taiwan Fund Trading Down 4.8%
NYSE TWN traded down $5.00 during trading on Monday, hitting $98.16. The stock had a trading volume of 43,266 shares, compared to its average volume of 39,156. The company’s 50-day moving average price is $94.03 and its two-hundred day moving average price is $86.54. Taiwan Fund has a 12 month low of $51.37 and a 12 month high of $108.83.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio acquired a new position in shares of Taiwan Fund during the 2nd quarter worth about $10,391,000. Evolve Private Wealth LLC acquired a new stake in shares of Taiwan Fund in the second quarter valued at about $1,533,000. Hudson Portfolio Management LLC acquired a new stake in shares of Taiwan Fund in the second quarter valued at about $625,000. Almitas Capital LLC bought a new stake in Taiwan Fund during the second quarter worth about $400,000. Finally, Susquehanna International Group LLP bought a new stake in Taiwan Fund during the second quarter worth about $268,000.
Taiwan Fund Company Profile
The Taiwan Fund, Inc (NYSE: TWN) is a closed-end investment fund that seeks long-term capital appreciation by investing primarily in publicly traded companies in Taiwan.
The fund provides investors with exposure to Taiwan’s equity markets across a range of industries and generally invests in common stocks and other equity securities. Its portfolio may include companies of various sizes and sectors, reflecting the structure and opportunities of Taiwan’s economy.
The Taiwan Fund is focused on the Taiwanese market rather than operating a traditional commercial business or selling products and services directly.
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