180 Degree Capital (NASDAQ:TURN) Trading 0.5% Higher – Here’s Why

180 Degree Capital Corp. (NASDAQ:TURN)’s stock price rose 0.5% on Thursday . The stock traded as high as $3.80 and last traded at $3.75. Approximately 61,811 shares were traded during mid-day trading, an increase of 149% from the average daily volume of 24,831 shares. The stock had previously closed at $3.73.

180 Degree Capital Trading Up 0.5 %

The stock has a 50-day moving average price of $3.56 and a 200-day moving average price of $3.46.

Hedge Funds Weigh In On 180 Degree Capital

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) in the 3rd quarter, according to its most recent 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 as of its most recent filing with the Securities & Exchange Commission. 19.78% of the stock is 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.