Taiwan Fund, Inc. (The) (NYSE:TWN) Stock Short Interest Climbs 237.2%

Taiwan Fund, Inc. (The) (NYSE:TWN) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 5,941 shares, a growth of 237.2% from the September 15th total of 1,762 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 17,762 shares, the days-to-cover ratio is presently 0.3 days.

Taiwan Fund Stock Up 1.6%

Taiwan Fund stock traded up $1.60 during midday trading on Friday, reaching $103.52. The company’s stock had a trading volume of 4,287 shares, compared to its average volume of 20,963. Taiwan Fund has a fifty-two week low of $51.37 and a fifty-two week high of $108.83. The business has a 50-day simple moving average of $99.53 and a 200-day simple moving average of $91.81.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Public Employees Retirement System of Ohio acquired a new stake in Taiwan Fund during the 2nd quarter worth $10,391,000. Evolve Private Wealth LLC purchased a new stake in Taiwan Fund in the second quarter valued at $1,533,000. Hudson Portfolio Management LLC purchased a new stake in Taiwan Fund in the second quarter valued at $625,000. Almitas Capital LLC purchased a new stake in Taiwan Fund in the second quarter valued at $400,000. Finally, Susquehanna International Group LLP acquired a new position in Taiwan Fund in the second quarter valued at $268,000.

About Taiwan Fund

Taiwan Fund, Inc (NYSE: TWN) is a closed-end investment company that seeks long-term capital appreciation by investing primarily in equity securities of companies based in Taiwan or with significant business operations there.

The fund provides investors with exposure to Taiwan’s publicly traded companies across multiple industries. Its portfolio may include common stocks and other securities listed on Taiwan’s financial markets, with investment decisions focused on identifying opportunities within the Taiwanese economy.

As a country-focused fund, Taiwan Fund is designed to offer geographically targeted exposure rather than operate as an operating company that sells products or services.