Turbogen Ltd. (NASDAQ:TRBG – Get Free Report) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 13,602 shares. Based on an average trading volume of 239,583 shares, the days-to-cover ratio is currently 0.1 days.
Wall Street Analyst Weigh In
Separately, Weiss Ratings assumed coverage on shares of Turbogen in a research report on Friday. They set a “sell (d-)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.
Check Out Our Latest Analysis on TRBG
Turbogen Trading Down 0.7%
About Turbogen
Turbogen Ltd. is an energy technology company focused on distributed power generation. The company develops compact power systems designed to provide reliable electricity for commercial, industrial, residential and other applications.
Its technology is based on microturbine systems that can support on-site power generation and combined heat and power applications. Turbogen’s solutions are intended to improve energy efficiency and provide an alternative or complement to conventional grid-supplied electricity.
Publicly available information about Turbogen’s operating footprint, product deployments and leadership is limited.
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