Short Interest in Turbo Energy, S.A. (NASDAQ:TURB) Decreases By 67.7%

Turbo Energy, S.A. (NASDAQ:TURB) was the target of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 39,700 shares, a drop of 67.7% from the October 15th total of 123,100 shares. Based on an average daily volume of 285,700 shares, the days-to-cover ratio is presently 0.1 days.

Turbo Energy Stock Performance

Shares of NASDAQ:TURB traded down $0.02 on Tuesday, hitting $1.45. The company’s stock had a trading volume of 1,170 shares, compared to its average volume of 97,342. The company has a 50-day simple moving average of $1.54 and a 200 day simple moving average of $1.33. Turbo Energy has a 1 year low of $0.86 and a 1 year high of $4.15.

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.