180 Degree Capital Corp. (NASDAQ:TURN) Short Interest Update

180 Degree Capital Corp. (NASDAQ:TURN) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 37,800 shares, a growth of 289.7% from the February 13th total of 9,700 shares. Based on an average daily volume of 36,600 shares, the short-interest ratio is presently 1.0 days. Currently, 0.4% of the company’s stock are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 180 Degree Capital in a report on Friday, March 7th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. One Day In July LLC bought a new stake in shares of 180 Degree Capital during the 4th quarter worth about $39,000. Wolverine Trading LLC bought a new stake in 180 Degree Capital in the third quarter worth about $73,000. Principal Street Partners LLC acquired a new stake in 180 Degree Capital in the 3rd quarter valued at about $46,000. Raffles Associates LP boosted its position in shares of 180 Degree Capital by 8.3% during the 4th quarter. Raffles Associates LP now owns 321,724 shares of the company’s stock valued at $1,181,000 after purchasing an additional 24,631 shares in the last quarter. Finally, Yakira Capital Management Inc. bought a new stake in shares of 180 Degree Capital in the 4th quarter worth approximately $203,000. Institutional investors own 19.78% of the company’s stock.

180 Degree Capital Price Performance

180 Degree Capital stock opened at $3.72 on Friday. 180 Degree Capital has a 52-week low of $3.12 and a 52-week high of $4.40. The firm has a 50-day moving average price of $3.90 and a two-hundred day moving average price of $3.58.

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.