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

The Taiwan Fund, Inc. (NYSE:TWN - Get Free Report) has recently reported a noticeable rise in its short interest for March. As of March 15th, the total number of shares sold short reached 5,300, marking an increase of 76.7% compared to the 3,000 shares reported on February 28th. With an average daily trading volume of 27,500 shares, the short-interest ratio stands at 0.2 days, indicating a relatively low level of short selling with roughly 0.1% of the company’s shares currently sold short.

The Taiwan Fund Stock Performance

During Friday's trading session, shares of The Taiwan Fund decreased by $1.04, bringing the price down to $33.85. The stock saw a trading volume of 77,675 shares, which significantly exceeded its average volume of 21,390 shares. Over the past year, the company’s stock has fluctuated between a low of $33.13 and a high of $47.24. Currently, its 50-day moving average price is $37.06, while the 200-day moving average price sits at $41.13.

Institutional Inflows and Outflows

Recently, several hedge funds and institutional investors have adjusted their holdings in The Taiwan Fund. Notably, Blue Bell Private Wealth Management LLC increased its stake in the fund by 20.3% in the fourth quarter, now owning 2,366 shares valued at $91,000 after acquiring an additional 400 shares. In addition, Cetera Investment Advisers acquired a new position worth approximately $206,000 during the same quarter. Virtu Financial LLC and Walleye Capital LLC also established new positions valued at about $216,000 and $220,000, respectively. Meanwhile, HighTower Advisors LLC raised its stake by 5.9% in the third quarter, owning 5,831 shares valued at $255,000 after an additional purchase of 324 shares.

The Taiwan Fund Company Profile

The Taiwan Fund, Inc. is a closed-ended equity mutual fund managed by Nomura Asset Management U.S.A Inc. The fund's investment focus is on public equity markets in Taiwan, targeting stocks from a variety of sectors. Its investment strategy employs fundamental analysis, looking at various factors, including growth prospects, competitive positioning, technological advancements, research and development, productivity, labor costs, profit margins, and government regulations to build its portfolio.

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Should You Invest $1,000 in The Taiwan Fund Right Now?

Before making any investments in The Taiwan Fund, it’s critical to consider various analysts’ recommendations.

MarketBeat monitors leading research analysts' ratings, and it appears that while The Taiwan Fund holds a Hold rating, analysts suggest looking into five other stocks that have more potential for growth right now. It’s advisable to explore these recommendations before investing.

View The Five Stocks Here

TWN, Stocks, Investments