The Taiwan Fund, Inc. (NYSE:TWN) Short Interest Update

The Taiwan Fund, Inc. (NYSE:TWN) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 4,800 shares, a decrease of 44.8% from the November 30th total of 8,700 shares. Based on an average daily volume of 20,900 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of TWN. Matisse Capital increased its position in The Taiwan Fund by 6.2% during the second quarter. Matisse Capital now owns 69,000 shares of the company’s stock worth $3,032,000 after buying an additional 4,000 shares in the last quarter. Rothschild Investment LLC acquired a new stake in shares of The Taiwan Fund during the second quarter valued at $52,000. City of London Investment Management Co. Ltd. boosted its stake in shares of The Taiwan Fund by 2.1% during the second quarter. City of London Investment Management Co. Ltd. now owns 2,738,223 shares of the company’s stock valued at $120,318,000 after acquiring an additional 55,274 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in The Taiwan Fund during the 2nd quarter worth about $819,000. Finally, Landscape Capital Management L.L.C. raised its stake in The Taiwan Fund by 1.3% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 17,653 shares of the company’s stock valued at $775,000 after purchasing an additional 222 shares during the last quarter.

The Taiwan Fund Stock Performance

Shares of TWN stock opened at $46.72 on Friday. The Taiwan Fund has a fifty-two week low of $33.22 and a fifty-two week high of $47.24. The business has a fifty day simple moving average of $44.58 and a 200-day simple moving average of $43.56.

The Taiwan Fund Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 27th will be issued a $7.3984 dividend. This represents a dividend yield of 16.17%. The ex-dividend date is Friday, December 27th. This is an increase from The Taiwan Fund’s previous annual dividend of $0.44.

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.