Short Interest in 180 Degree Capital Corp. (NASDAQ:TURN) Expands By 100.0%

180 Degree Capital Corp. (NASDAQ:TURNGet Free Report) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totalling 400 shares, a growth of 100.0% from the April 15th total of 200 shares. Based on an average daily trading volume, of 13,800 shares, the days-to-cover ratio is presently 0.0 days.

180 Degree Capital Price Performance

Shares of NASDAQ TURN remained flat at $3.86 during mid-day trading on Monday. The stock had a trading volume of 3,045 shares, compared to its average volume of 13,112. The stock has a 50 day moving average price of $4.11 and a 200-day moving average price of $4.03. 180 Degree Capital has a 12 month low of $3.72 and a 12 month high of $4.97.

Insider Activity at 180 Degree Capital

In other news, CEO Kevin Rendino purchased 10,000 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The shares were acquired at an average cost of $4.19 per share, for a total transaction of $41,900.00. Following the completion of the acquisition, the chief executive officer now owns 730,198 shares in the company, valued at $3,059,529.62. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders purchased 16,507 shares of company stock valued at $84,865. 11.80% of the stock is owned by insiders.

About 180 Degree Capital

(Get Free Report)

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.

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