180 Degree Capital Corp (NASDAQ:TURN) Sellers Increased By 7.04% Their Shorts

March 14, 2018 - By Adrian Erickson

 180 Degree Capital Corp (NASDAQ:TURN) Sellers Increased By 7.04% Their Shorts

The stock of 180 Degree Capital Corp (NASDAQ:TURN) registered an increase of 7.04% in short interest. TURN’s total short interest was 310,200 shares in March as published by FINRA. Its up 7.04% from 289,800 shares, reported previously. With 115,100 shares average volume, it will take short sellers 3 days to cover their TURN’s short positions. The short interest to 180 Degree Capital Corp’s float is 1.04%.

The stock increased 1.04% or $0.02 during the last trading session, reaching $1.95. About 13,160 shares traded. 180 Degree Capital Corp. (NASDAQ:TURN) has declined 3.59% since March 14, 2017 and is downtrending. It has underperformed by 20.29% the S&P500.

180 Degree Capital Corp. is a business development firm specializing in early stage investments. The company has market cap of $60.69 million. The firm seeks to invest in tiny technology including microsystems and transformative nanotechnology companies and applications in the cleantech, biotechnology, energy, healthcare, and electronic sectors. It has a 6.44 P/E ratio. It prefers to invest in biology innovation, where intersecting with innovations in areas such as electronics, physics, materials science, chemistry, information technology, engineering and mathematics.

More notable recent 180 Degree Capital Corp. (NASDAQ:TURN) news were published by: Seekingalpha.com which released: “180 Degree Capital Corp. (TURN) CEO Kevin M. Rendino on Q1 2017 Results …” on May 02, 2017, also Globenewswire.com with their article: “180 Degree Capital Corp. to Report Fourth Quarter 2017 Financial Results on …” published on February 22, 2018, Globenewswire.com published: “180 Degree Capital Corp. Appoints Robert E. Bigelow III as Head of Fund …” on October 30, 2017. More interesting news about 180 Degree Capital Corp. (NASDAQ:TURN) were released by: Globenewswire.com and their article: “180 Degree Capital Corp. Reports Net Asset Value per Share of $2.60 as of …” published on February 26, 2018 as well as Globenewswire.com‘s news article titled: “180 Degree Capital Corp. to Report Third Quarter 2017 Financial Results on …” with publication date: October 27, 2017.

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