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. Based on an average daily volume of 35,600 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

180 Degree Capital Stock Performance

TURN traded down $0.01 during trading hours on Friday, hitting $4.11. 70,487 shares of the stock were exchanged, compared to its average volume of 43,621. The stock has a 50-day simple moving average of $3.79 and a 200-day simple moving average of $3.51. 180 Degree Capital has a 12 month low of $3.12 and a 12 month high of $4.47.

Hedge Funds Weigh In On 180 Degree Capital

Several large investors have recently added to or reduced their stakes in the company. One Day In July LLC bought a new stake in 180 Degree Capital in the fourth quarter valued at $39,000. StoneX Group Inc. bought a new stake in 180 Degree Capital in the fourth quarter valued at $44,000. Principal Street Partners LLC bought a new stake in 180 Degree Capital in the third quarter valued at $46,000. Wolverine Trading LLC bought a new stake in 180 Degree Capital in the third quarter valued at $73,000. Finally, Yakira Capital Management Inc. bought a new stake in 180 Degree Capital in the fourth quarter valued at $203,000. 19.78% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

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.