Turbo Energy, S.A. (NASDAQ:TURB) Short Interest Update

Turbo Energy, S.A. (NASDAQ:TURB) saw a significant decline in short interest in April. As of April 15th, there was short interest totalling 700 shares, a decline of 89.6% from the March 31st total of 6,700 shares. Based on an average daily volume of 23,600 shares, the days-to-cover ratio is currently 0.0 days.

Turbo Energy Price Performance

Turbo Energy stock traded down $0.05 on Friday, reaching $1.15. The company’s stock had a trading volume of 20,353 shares, compared to its average volume of 23,002. The business’s fifty day moving average price is $1.18 and its 200 day moving average price is $1.32. Turbo Energy has a twelve month low of $0.86 and a twelve month high of $7.90.

Hedge Funds Weigh In On Turbo Energy

An institutional investor recently bought a new position in Turbo Energy stock. MMCAP International Inc. SPC purchased a new stake in shares of Turbo Energy, S.A. (NASDAQ:TURB) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,000 shares of the company’s stock, valued at approximately $48,000.

Turbo Energy Company Profile

Turbo Energy, SA designs, develops, and distributes equipment for the generation, management, and storage of photovoltaic energy in Spain, Europe, and internationally. Its products include lithium-ion batteries; inverters; and Sunbox, an AI based software system that monitors the generation, use, and management of photovoltaic energy.