Turbo Energy, S.A. (NASDAQ:TURB) Short Interest Down 27.7% in October

Turbo Energy, S.A. (NASDAQ:TURB) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 56,500 shares, a drop of 27.7% from the September 30th total of 78,100 shares. Based on an average trading volume of 2,370,000 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 2,370,000 shares, the short-interest ratio is currently 0.0 days.

Turbo Energy Stock Performance

Shares of Turbo Energy stock opened at $3.09 on Tuesday. The business has a 50-day moving average of $4.30 and a 200 day moving average of $3.05. Turbo Energy has a 12 month low of $1.35 and a 12 month high of $20.45.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Turbo Energy in a report on Thursday, October 30th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Turbo Energy has an average rating of “Sell”.

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.