180 Degree Capital Corp. (NASDAQ:TURN) Short Interest Update

180 Degree Capital Corp. (NASDAQ:TURN) saw a large decline in short interest in January. As of January 15th, there was short interest totalling 5,500 shares, a decline of 37.5% from the December 31st total of 8,800 shares. Based on an average daily volume of 35,200 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On 180 Degree Capital

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

180 Degree Capital Price Performance

NASDAQ TURN traded down $0.06 during mid-day trading on Friday, reaching $3.94. The stock had a trading volume of 17,887 shares, compared to its average volume of 40,499. 180 Degree Capital has a 1 year low of $3.12 and a 1 year high of $4.47. The company has a fifty day moving average price of $3.70 and a 200 day moving average price of $3.48.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of 180 Degree Capital in a research note on Saturday, January 18th.

About 180 Degree Capital

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.