180 Degree Capital Corp. (NASDAQ:TURN) Short Interest Down 77.5% in March

180 Degree Capital Corp. (NASDAQ:TURN) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 1,600 shares, a decrease of 77.5% from the February 29th total of 7,100 shares. Based on an average trading volume of 16,000 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

180 Degree Capital Trading Down 1.0 %

Shares of TURN stock opened at $4.17 on Thursday. 180 Degree Capital has a 12 month low of $3.72 and a 12 month high of $5.12. The stock has a 50 day moving average of $4.16 and a 200-day moving average of $4.06.

Insider Transactions at 180 Degree Capital

In related news, CEO Kevin Rendino bought 10,000 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were bought at an average cost of $4.19 per share, for a total transaction of $41,900.00. Following the completion of the purchase, the chief executive officer now owns 730,198 shares of the company’s stock, valued at approximately $3,059,529.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have purchased a total of 15,090 shares of company stock worth $63,695 in the last three months. Company insiders own 11.80% of the company’s stock.

Institutional Investors Weigh In On 180 Degree Capital

Large investors have recently modified their holdings of the business. Raffles Associates LP grew its stake in 180 Degree Capital by 21.1% in the second quarter. Raffles Associates LP now owns 297,741 shares of the company’s stock valued at $1,325,000 after purchasing an additional 51,875 shares in the last quarter. Ancora Advisors LLC increased its holdings in 180 Degree Capital by 19.6% in the 1st quarter. Ancora Advisors LLC now owns 149,475 shares of the company’s stock worth $1,107,000 after purchasing an additional 24,520 shares in the last quarter. Cerity Partners LLC acquired a new stake in shares of 180 Degree Capital in the fourth quarter valued at about $216,000. Susquehanna International Group LLP boosted its position in shares of 180 Degree Capital by 97.8% during the 1st quarter. Susquehanna International Group LLP now owns 39,733 shares of the company’s stock valued at $200,000 after purchasing an additional 19,642 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new position in 180 Degree Capital in the third quarter worth approximately $105,000. 19.78% of the stock is currently owned by institutional investors.

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.