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

The Taiwan Fund, Inc. (NYSE:TWN) saw a significant increase in short interest in 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 Performance

Shares of The Taiwan Fund stock traded down $1.04 during trading on Friday, hitting $33.85. The company’s stock had a trading volume of 77,675 shares, compared to its average volume of 21,390. The Taiwan Fund has a 52 week low of $33.13 and a 52 week high of $47.24. The stock has a 50-day moving average price of $37.06 and a two-hundred day moving average price of $41.13.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of TWN. Blue Bell Private Wealth Management LLC raised its position in shares of The Taiwan Fund by 20.3% during the fourth 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 acquired a new stake in The Taiwan Fund during the 4th quarter valued at approximately $206,000. Virtu Financial LLC bought a new position in The Taiwan Fund during the 4th quarter worth approximately $216,000. Walleye Capital LLC bought a new position in The Taiwan Fund during the 3rd quarter worth approximately $220,000. Finally, HighTower Advisors LLC lifted its position in shares of The Taiwan Fund by 5.9% in the 3rd quarter. HighTower Advisors LLC now owns 5,831 shares of the company’s stock worth $255,000 after purchasing an additional 324 shares during the period.

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.