Short Interest in The Taiwan Fund, Inc. (NYSE:TWN) Declines By 28.2%

The Taiwan Fund, Inc. (NYSE:TWN - Get Free Report) saw a large decline in short interest in January. As of January 31st, there was short interest totalling 5,100 shares, a decline of 28.2% from the January 15th total of 7,100 shares. Based on an average daily volume of 25,800 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of The Taiwan Fund

Hedge funds have recently modified their holdings of the company. Blue Bell Private Wealth Management LLC grew its position in The Taiwan Fund by 20.3% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 2,366 shares of the company's stock worth $91,000 after acquiring an additional 400 shares during the last quarter. Cetera Investment Advisers bought a new stake in shares of The Taiwan Fund during the fourth quarter worth $206,000. Virtu Financial LLC bought a new stake in shares of The Taiwan Fund during the fourth quarter worth $216,000. Walleye Capital LLC acquired a new stake in shares of The Taiwan Fund in the third quarter valued at $220,000. Finally, HighTower Advisors LLC raised its holdings in shares of The Taiwan Fund by 5.9% in the third quarter. HighTower Advisors LLC now owns 5,831 shares of the company's stock valued at $255,000 after buying an additional 324 shares during the last quarter.

The Taiwan Fund Stock Up 1.5 %

Shares of TWN traded up $0.58 during trading hours on Tuesday, hitting $39.04. The stock had a trading volume of 9,734 shares, compared to its average volume of 21,672. The company's fifty day moving average is $40.22 and its two-hundred day moving average is $42.29. The Taiwan Fund has a 52 week low of $36.07 and a 52 week high of $47.24.

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The Taiwan Fund Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 27th were paid a dividend of $7.3984 per share. This represents a yield of 16.17%. This is a boost from The Taiwan Fund's previous annual dividend of $0.44. The ex-dividend date of this dividend was Friday, December 27th.

About The Taiwan Fund

The Taiwan Fund, Inc is a closed-ended equity mutual fund launched and managed by Nomura Asset Management U.SA Inc It invests in the public equity markets of Taiwan. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental analysis focusing on such factors as overall growth prospects, competitive position in the respective industry, technology, research, and development, productivity, labor costs, raw material costs and sources, profit margins, return on investment, capital resources, government regulation, and management to create its portfolio.