180 Degree Capital Corp. (NASDAQ:TURN) Short Interest Up 60.0% in January

180 Degree Capital Corp. (NASDAQ:TURN) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 8,800 shares, a growth of 60.0% from the January 15th total of 5,500 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 35,600 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of 180 Degree Capital in a research report on Saturday, February 1st.

180 Degree Capital Trading Up 2.5 %

Shares of TURN stock opened at $4.12 on Friday. 180 Degree Capital has a fifty-two week low of $3.12 and a fifty-two week high of $4.47. The business’s 50 day moving average price is $3.78 and its 200-day moving average price is $3.51.

Institutional Investors Weigh In On 180 Degree Capital

Several hedge funds have recently made changes to their positions in the company. Yakira Capital Management Inc. bought a new stake in shares of 180 Degree Capital during the fourth quarter valued at approximately $203,000. StoneX Group Inc. bought a new stake in 180 Degree Capital in the fourth quarter worth $44,000. One Day In July LLC bought a new stake in 180 Degree Capital in the fourth quarter worth $39,000. Wolverine Trading LLC bought a new stake in 180 Degree Capital in the third quarter worth $73,000. Finally, Principal Street Partners LLC purchased a new position in shares of 180 Degree Capital in the third quarter worth $46,000. 19.78% of the stock is currently owned by institutional investors.

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.