The Taiwan Fund, Inc. (NYSE:TWN) Short Interest Down 22.2% in April

The Taiwan Fund, Inc. (NYSE:TWN) saw a large decline in short interest in April. As of April 15th, there was short interest totalling 700 shares, a decline of 22.2% from the March 31st total of 900 shares. Based on an average daily volume of 20,500 shares, the days-to-cover ratio is presently 0.0 days.

The Taiwan Fund Price Performance

Shares of NYSE:TWN traded up $0.63 during trading on Friday, hitting $38.36. 25,655 shares of the stock were exchanged, compared to its average volume of 15,004. The company has a fifty day moving average price of $39.33 and a two-hundred day moving average price of $35.44. The Taiwan Fund has a 12-month low of $25.36 and a 12-month high of $41.51.

Institutional Investors Weigh In On The Taiwan Fund

Several institutional investors have recently modified their holdings of TWN. Allspring Global Investments Holdings LLC lifted its stake in The Taiwan Fund by 10.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 890,445 shares of the company’s stock valued at $26,696,000 after buying an additional 86,429 shares in the last quarter. 1607 Capital Partners LLC lifted its stake in The Taiwan Fund by 1.0% in the 4th quarter. 1607 Capital Partners LLC now owns 662,740 shares of the company’s stock valued at $22,924,000 after buying an additional 6,737 shares in the last quarter. Bulldog Investors LLP lifted its stake in The Taiwan Fund by 1.6% in the 4th quarter. Bulldog Investors LLP now owns 230,999 shares of the company’s stock valued at $7,974,000 after buying an additional 3,590 shares in the last quarter. Karpus Management Inc. lifted its stake in The Taiwan Fund by 4.2% in the 4th quarter. Karpus Management Inc. now owns 119,693 shares of the company’s stock valued at $4,140,000 after buying an additional 4,813 shares in the last quarter. Finally, Almitas Capital LLC lifted its stake in The Taiwan Fund by 18.8% in the 3rd quarter. Almitas Capital LLC now owns 78,924 shares of the company’s stock valued at $2,366,000 after buying an additional 12,472 shares in the last quarter.

About The Taiwan Fund

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.