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

180 Degree Capital Corp. (NASDAQ:TURN) saw a large 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. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 19,100 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On 180 Degree Capital

A hedge fund recently bought a new stake in 180 Degree Capital stock. Principal Street Partners LLC bought a new position in shares of 180 Degree Capital Corp. (NASDAQ:TURN) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 13,550 shares of the company’s stock, valued at approximately $46,000. Principal Street Partners LLC owned 0.14% of 180 Degree Capital at the end of the most recent quarter. Hedge funds and other institutional investors own 19.78% of the company’s stock.

180 Degree Capital Price Performance

Shares of 180 Degree Capital stock traded up $0.13 during trading on Wednesday, hitting $3.57. 2,672 shares of the company were exchanged, compared to its average volume of 15,069. 180 Degree Capital has a 1-year low of $3.12 and a 1-year high of $4.47. The firm’s fifty day moving average price is $3.30 and its 200 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.