Turbo Energy, S.A. (NASDAQ:TURB) Sees Significant Increase in Short Interest

Turbo Energy, S.A. (NASDAQ:TURB) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 123,100 shares, a growth of 1,156.1% from the September 30th total of 9,800 shares. Based on an average daily volume of 287,000 shares, the days-to-cover ratio is currently 0.4 days.

Turbo Energy Price Performance

TURB stock traded up $0.03 during mid-day trading on Friday, hitting $1.65. The stock had a trading volume of 24,573 shares, compared to its average volume of 101,768. Turbo Energy has a 52 week low of $0.86 and a 52 week high of $4.15. The firm has a fifty day simple moving average of $1.52 and a 200 day simple moving average of $1.30.

Turbo Energy Company Profile

Turbo Energy, SA designs, develops, and distributes equipment for the generation, management, and storage of photovoltaic energy in Spain, rest of Europe, and internationally. The company offers lithium-ion batteries; inverters; photovoltaic modules; Go Solar, a portable photovoltaic product; and Sunbox, an AI based software system that monitors the generation, use, and management of photovoltaic energy.