Taiwan Fund, Inc. (The) (NYSE:TWN) Short Interest Update

Taiwan Fund, Inc. (The) (NYSE:TWN) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 2,010 shares, a drop of 82.9% from the June 15th total of 11,781 shares. Based on an average daily volume of 67,481 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Osaic Holdings Inc. lifted its stake in Taiwan Fund by 40.8% in the 2nd 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 position in Taiwan Fund by 7.4% during the first 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. Evolve Private Wealth LLC acquired a new position in Taiwan Fund during the fourth quarter worth $915,000. Lazard Asset Management LLC grew 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 valued at $59,947,000 after buying an additional 41,221 shares in the last quarter. Finally, Karpus Management Inc. increased its stake in shares of 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 acquiring an additional 42,256 shares during the last quarter.

Taiwan Fund Trading Down 3.6%

Shares of TWN stock traded down $3.44 during trading hours on Monday, hitting $91.42. 41,456 shares of the company’s stock were exchanged, compared to its average volume of 48,664. The firm has a 50 day moving average of $95.64 and a two-hundred day moving average of $75.21. Taiwan Fund has a fifty-two week low of $44.36 and a fifty-two week high of $105.09.

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.