Turbo Energy, S.A. (NASDAQ:TURB) Short Interest Up 26.2% in March

Turbo Energy, S.A. (NASDAQ:TURB) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 13,500 shares, a growth of 26.2% from the February 29th total of 10,700 shares. Based on an average trading volume of 34,700 shares, the days-to-cover ratio is currently 0.4 days.

Turbo Energy Trading Down 0.9 %

NASDAQ TURB opened at $1.15 on Monday. Turbo Energy has a 12 month low of $0.86 and a 12 month high of $7.90. The company’s 50 day moving average is $1.12.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Turbo Energy stock. MMCAP International Inc. SPC acquired a new stake in shares of Turbo Energy, S.A. (NASDAQ:TURB) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 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.