180 Degree Capital Corp. (NASDAQ:TURN) Short Interest Up 300.0% in November

180 Degree Capital Corp. (NASDAQ:TURN) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 6,400 shares, an increase of 300.0% from the October 31st total of 1,600 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 19,100 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On 180 Degree Capital

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

180 Degree Capital Stock Performance

Shares of TURN stock traded up $0.01 during trading hours on Friday, reaching $3.57. The company had a trading volume of 8,389 shares, compared to its average volume of 15,055. The business has a fifty day moving average price of $3.31 and a 200-day moving average price of $3.49. 180 Degree Capital has a one year low of $3.12 and a one year high of $4.47.

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.