Taiwan Fund, Inc. (The) shares had a trading volume of 2,302 by the end of trading on Tuesday. Trading volume was down 81.00% under the stocks average daily volume. Traders are more bullish on shares of the company recently as evidenced by the change in short interest. The firm recorded a fall in short interest of -17.46% as of October 13, 2017 from the last reporting period. Short interest decreased from 5,264 to 4,345 over that period.
Here are a few substantial investment firms who have updated their positions. Wolverine Asset Management LLC expanded its ownership by buying 18,660 shares an increase of 53.6% as of 06/30/2017. Wolverine Asset Management LLC now holds 53,464 shares worth $1,058,000. The total value of its holdings increased 66.9%. As of quarter end Thomas J. Herzfeld Advisors, Inc. had acquired 25,000 shares growing its position 96.9%. The value of the investment in Taiwan Fund, Inc. (The) increased from $471,000 to $1,005,000 a change of $534,000 quarter to quarter.
As of the end of the quarter Ubs Group Ag had bought a total of 424 shares growing its holdings by 1,843.5%. The value of the company’s investment in Taiwan Fund, Inc. (The) went from $0 to $9,000 a change of inf% quarter over quarter. Deschutes Portfolio Strategy, LLC added to its position by buying 121 shares an increase of 0.2%. Deschutes Portfolio Strategy, LLC controls 56,499 shares valued at $1,163,000. The value of the position overall is up by 4.2%.
In the market the company is trading up by 0.52% percent from yesterday’s close. Shares are trading at $21.46 which is marginally over the 50 day moving average of $21.13 and marginally over the 200 day moving average of $20.26. The 50 day moving average went up $0.33 or +1.54% and the 200 day average moved up $1.20.
The Taiwan Fund, Inc. (the Fund) is a diversified closed-end management investment company. The Fund concentrates its investments in the securities listed on the Taiwan Stock Exchange. Its portfolio includes common stocks, commercial papers and repurchase agreements..