Short Interest in 180 Degree Capital Corp. (NASDAQ:TURN) Rises By 1,825.0%

180 Degree Capital Corp. (NASDAQ:TURN) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 7,700 shares, an increase of 1,825.0% from the November 30th total of 400 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 23,000 shares, the days-to-cover ratio is presently 0.3 days.

180 Degree Capital Price Performance

Shares of NASDAQ TURN traded down $0.01 during midday trading on Thursday, reaching $3.62. 240 shares of the company traded hands, compared to its average volume of 15,813. The stock has a 50-day moving average price of $3.45 and a 200 day moving average price of $3.47. 180 Degree Capital has a 52 week low of $3.12 and a 52 week high of $4.47.

Institutional Trading of 180 Degree Capital

A hedge fund recently bought a new stake in 180 Degree Capital stock. Principal Street Partners LLC purchased a new position in 180 Degree Capital Corp. (NASDAQ:TURN) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 13,550 shares of the company’s stock, valued at approximately $46,000. Principal Street Partners LLC owned approximately 0.14% of 180 Degree Capital at the end of the most recent quarter. 19.78% of the stock is currently owned by institutional investors.

180 Degree Capital Company Profile

180 Degree Capital Corp. is a publicly owned corporate pension plan sponsor. It primarily provides its services to pension and profit sharing plans. The firm is a large advisory firm which provides portfolio management for pooled investment vehicles, pension consulting services. It manages separate client focused equity and balanced funds.