Significant Rise in Short Interest for The Taiwan Fund, Inc. (NYSE:TWN) in March

The Taiwan Fund, Inc. (NYSE:TWN) experienced a notable rise in short interest during March. By March 15th, the total short interest reached 5,300 shares, reflecting an increase of 76.7% compared to the 3,000 shares reported on February 28th. Given the average trading volume of 27,500 shares, the current short-interest ratio stands at 0.2 days. Approximately 0.1% of the company's stock is currently sold short.

Stock Performance of The Taiwan Fund

On Friday, shares of The Taiwan Fund declined by $1.04, bringing the stock price down to $33.85. The trading volume for the day was 77,675 shares, significantly higher than its average volume of 21,390 shares. Over the past year, The Taiwan Fund has seen a low of $33.13 and a high of $47.24. The 50-day and 200-day moving averages for the stock are currently $37.06 and $41.13, respectively.

Institutional Activity in The Taiwan Fund

Recently, several hedge funds and institutional investors have made adjustments to their holdings in The Taiwan Fund. Blue Bell Private Wealth Management LLC increased its stake in the company by 20.3% during the fourth quarter, now owning 2,366 shares worth $91,000 after acquiring an additional 400 shares. Cetera Investment Advisers also invested in The Taiwan Fund during the same quarter, adding a new stake valued at about $206,000. Moreover, Virtu Financial LLC and Walleye Capital LLC each made new investments, with Virtu's stake worth $216,000 and Walleye's reaching approximately $220,000. HighTower Advisors LLC raised its position in the Fund by 5.9% in the third quarter, increasing its holdings to 5,831 shares valued at $255,000 after an additional purchase of 324 shares.

Company Overview of The Taiwan Fund

The Taiwan Fund, Inc. is a closed-ended equity mutual fund managed by Nomura Asset Management U.S.A Inc. It invests in the public equity markets of Taiwan, focusing on stocks across diversified sectors. The fund emphasizes fundamental analysis, taking into account factors like growth prospects, industry competition, technology, research and development, labor costs, raw material expenses, profit margins, investment returns, capital resources, regulations, and management practices to guide its investment strategy.

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Taiwan, Stock, Short