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

Turbo Energy, S.A. (NASDAQ:TURB) saw a significant growth in short interest in 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 trading volume, of 287,000 shares, the short-interest ratio is presently 0.4 days.

Turbo Energy Price Performance

NASDAQ:TURB traded up $0.03 during trading hours on Friday, hitting $1.65. 24,573 shares of the company’s stock traded hands, 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 business’s fifty day simple moving average is $1.52 and its two-hundred day simple moving average is $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.