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

180 Degree Capital Corp. (NASDAQ:TURN) was the recipient of a significant growth in short interest during 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. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 35,600 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

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

180 Degree Capital Trading Up 2.5 %

180 Degree Capital stock opened at $4.12 on Friday. 180 Degree Capital has a one year low of $3.12 and a one year high of $4.47. The stock has a fifty day moving average of $3.78 and a 200 day moving average of $3.51.

Institutional Trading of 180 Degree Capital

A number of hedge funds have recently bought and sold shares of the company. One Day In July LLC purchased a new stake in 180 Degree Capital during the fourth quarter valued at $39,000. StoneX Group Inc. purchased a new stake in 180 Degree Capital during the fourth quarter valued at $44,000. Principal Street Partners LLC purchased a new stake in 180 Degree Capital during the third quarter valued at $46,000. Wolverine Trading LLC bought a new stake in 180 Degree Capital during the third quarter valued at about $73,000. Finally, Yakira Capital Management Inc. bought a new stake in 180 Degree Capital during the fourth quarter valued at about $203,000. Hedge funds and other institutional investors own 19.78% of the company’s stock.

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.