Short Interest in The Taiwan Fund, Inc. (NYSE:TWN) Increases By 76.7%

The Taiwan Fund, Inc. (NYSE:TWN - Get Free Report) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 5,300 shares, an increase of 76.7% from the February 28th total of 3,000 shares. Based on an average daily volume of 27,500 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company's shares are short sold.

The Taiwan Fund Stock Down 0.2 %

Shares of TWN traded down $0.07 during trading hours on Wednesday, hitting $33.15. The company had a trading volume of 57,100 shares, compared to its average volume of 21,673. The Taiwan Fund has a 52-week low of $31.38 and a 52-week high of $47.24. The stock's 50 day moving average price is $36.75 and its 200 day moving average price is $40.95.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Public Employees Retirement System of Ohio bought a new position in shares of The Taiwan Fund during the third quarter valued at approximately $14,483,000. Matisse Capital grew its position in shares of The Taiwan Fund by 1.4% in the 4th quarter. Matisse Capital now owns 70,000 shares of the company's stock worth $2,706,000 after buying an additional 1,000 shares during the period. Thomas J. Herzfeld Advisors Inc. increased its stake in shares of The Taiwan Fund by 5.8% in the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 68,717 shares of the company's stock worth $2,656,000 after acquiring an additional 3,791 shares in the last quarter. CSS LLC IL grew its holdings in The Taiwan Fund by 1.5% in the fourth quarter. CSS LLC IL now owns 49,394 shares of the company's stock worth $1,909,000 after purchasing an additional 732 shares during the period. Finally, Shaker Financial Services LLC increased its stake in shares of The Taiwan Fund by 14.3% during the fourth quarter. Shaker Financial Services LLC now owns 35,411 shares of the company's stock valued at $1,369,000 after purchasing an additional 4,430 shares in 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.