Taiwan Fund, Inc. (The) (NYSE:TWN) Short Interest Up 92.3% in July

Taiwan Fund, Inc. (The) (NYSE:TWN) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 4,258 shares, a growth of 92.3% from the July 15th total of 2,214 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 46,267 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Taiwan Fund

Hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. boosted 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 valued at $48,000 after purchasing an additional 309 shares during the period. Almitas Capital LLC acquired 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. Evolve Private Wealth LLC purchased a new position in Taiwan Fund in the 4th quarter valued at approximately $915,000. Finally, Quantedge Capital Pte Ltd boosted its position in Taiwan Fund by 7.4% in 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 during the period.

Taiwan Fund Price Performance

TWN opened at $98.19 on Tuesday. The stock’s 50-day moving average price is $92.22 and its 200 day moving average price is $81.11. Taiwan Fund has a 12-month low of $47.76 and a 12-month high of $105.09.

Taiwan Fund Company Profile

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.