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

180 Degree Capital Corp. (NASDAQ:TURNGet Free Report) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 6,600 shares, a growth of 3,200.0% from the May 15th total of 200 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 11,300 shares, the short-interest ratio is presently 0.6 days.

180 Degree Capital Stock Down 0.8 %

TURN stock traded down $0.03 during trading on Friday, reaching $3.71. The company had a trading volume of 3,949 shares, compared to its average volume of 12,980. The firm has a 50-day simple moving average of $3.89 and a 200-day simple moving average of $4.02. 180 Degree Capital has a twelve month low of $3.70 and a twelve month high of $4.97.

Insider Activity

In other news, CEO Kevin Rendino purchased 20,000 shares of the stock in a transaction dated Wednesday, May 15th. The shares were acquired at an average cost of $3.87 per share, for a total transaction of $77,400.00. Following the acquisition, the chief executive officer now owns 750,198 shares of the company’s stock, valued at $2,903,266.26. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last ninety days, insiders have bought 32,518 shares of company stock worth $140,866. Corporate insiders own 11.80% of the company’s stock.

180 Degree Capital Company Profile

(Get Free Report)

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.

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