The Taiwan Fund, Inc. (NYSE:TWN) Sees Large Decline in Short Interest

The Taiwan Fund, Inc. (NYSE:TWN - Get Free Report) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 3,000 shares, a decline of 43.4% from the February 13th total of 5,300 shares. Currently, 0.0% of the company's shares are sold short. Based on an average trading volume of 27,400 shares, the days-to-cover ratio is presently 0.1 days.

The Taiwan Fund Trading Down 0.2 %

Shares of TWN stock traded down $0.08 on Tuesday, hitting $35.02. 40,162 shares of the stock traded hands, compared to its average volume of 20,601. The firm's 50-day moving average price is $37.68 and its two-hundred day moving average price is $41.59. The Taiwan Fund has a twelve month low of $34.18 and a twelve month high of $47.24.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of TWN. Landscape Capital Management L.L.C. lifted its position in The Taiwan Fund by 1.3% in the third quarter. Landscape Capital Management L.L.C. now owns 17,653 shares of the company's stock valued at $775,000 after buying an additional 222 shares during the last quarter. Walleye Capital LLC acquired a new position in The Taiwan Fund in the third quarter valued at about $220,000. HighTower Advisors LLC lifted its position in 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. Public Employees Retirement System of Ohio acquired a new position in The Taiwan Fund in the third quarter valued at about $14,483,000. Finally, Matisse Capital lifted its position in The Taiwan Fund by 1.4% in the fourth quarter. Matisse Capital now owns 70,000 shares of the company's stock valued at $2,706,000 after buying an additional 1,000 shares during the last quarter.

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The Taiwan Fund Company Profile

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.