Short Interest in Taiwan Fund, Inc. (The) (NYSE:TWN) Rises By 116.8%

Taiwan Fund, Inc. (The) (NYSE:TWN) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 11,781 shares, an increase of 116.8% from the May 31st total of 5,435 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 67,298 shares, the days-to-cover ratio is currently 0.2 days.

Taiwan Fund Stock Performance

Taiwan Fund stock opened at $94.37 on Thursday. Taiwan Fund has a 1 year low of $44.36 and a 1 year high of $105.09. The company’s 50-day moving average is $94.84 and its two-hundred day moving average is $73.18.

Institutional Investors Weigh In On Taiwan Fund

A number of institutional investors and hedge funds have recently modified their holdings of the business. Lazard Asset Management LLC boosted its stake in Taiwan Fund by 3.8% in the fourth quarter. Lazard Asset Management LLC now owns 1,123,030 shares of the company’s stock valued at $59,947,000 after acquiring an additional 41,221 shares during the last quarter. Karpus Management Inc. raised its position in shares of Taiwan Fund by 86.4% during the 2nd quarter. Karpus Management Inc. now owns 91,145 shares of the company’s stock valued at $4,084,000 after acquiring an additional 42,256 shares during the last quarter. Evolve Private Wealth LLC bought a new stake in shares of Taiwan Fund during the 4th quarter valued at $915,000. Quantedge Capital Pte Ltd lifted its stake in shares of Taiwan Fund by 7.4% in the 1st quarter. Quantedge Capital Pte Ltd now owns 14,436 shares of the company’s stock valued at $949,000 after purchasing an additional 1,000 shares during the period. Finally, Osaic Holdings Inc. boosted its position in shares of Taiwan Fund by 40.8% in the 2nd quarter. Osaic Holdings Inc. now owns 1,067 shares of the company’s stock worth $48,000 after purchasing an additional 309 shares during the last quarter.

About Taiwan Fund

Taiwan Fund, Inc (NYSE:TWN) is a closed-end management investment company that offers U.S. investors direct exposure to the Taiwanese equity market. Listed on the New York Stock Exchange, the fund seeks capital appreciation through a diversified portfolio of equity securities issued primarily by companies based in Taiwan. Its strategy provides access to one of Asia’s most dynamic markets, focusing on sectors such as technology, semiconductors, manufacturing, financial services and consumer goods.

The fund typically invests in common stocks of Taiwanese issuers traded on the Taiwan Stock Exchange, as well as equity-related instruments such as ADRs and foreign-listed securities of Taiwanese companies.