Short Interest in 180 Degree Capital Corp. (NASDAQ:TURN) Expands By 300.0%

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in 180 Degree Capital stock. Principal Street Partners LLC bought a new position in 180 Degree Capital Corp. (NASDAQ:TURN) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 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 owned by hedge funds and other institutional investors.

180 Degree Capital Stock Performance

180 Degree Capital stock traded up $0.01 during trading hours on Friday, hitting $3.57. 8,389 shares of the stock traded hands, compared to its average volume of 15,055. 180 Degree Capital has a one year low of $3.12 and a one year high of $4.47. The firm’s 50-day moving average price is $3.31 and its two-hundred day moving average price is $3.49.

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.