Wallbox (NYSE:WBX) Short Interest Update

Wallbox (NYSE:WBX) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 2,320,000 shares, a drop of 26.8% from the March 31st total of 3,170,000 shares. Based on an average trading volume of 514,300 shares, the short-interest ratio is currently 4.5 days. Approximately 2.8% of the company’s shares are short sold.

Wallbox Stock Up 4.2 %

NYSE WBX traded up $0.06 on Friday, reaching $1.49. The stock had a trading volume of 192,407 shares, compared to its average volume of 391,978. Wallbox has a 12-month low of $1.21 and a 12-month high of $5.10. The stock has a fifty day moving average price of $1.45 and a two-hundred day moving average price of $1.60. The company has a quick ratio of 0.86, a current ratio of 1.35 and a debt-to-equity ratio of 0.54.

Hedge Funds Weigh In On Wallbox

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Wallbox by 948.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 17,847 shares of the company’s stock valued at $39,000 after purchasing an additional 16,144 shares during the period. Aristides Capital LLC purchased a new stake in shares of Wallbox during the fourth quarter worth $125,000. Kestra Advisory Services LLC acquired a new stake in shares of Wallbox in the third quarter valued at $236,000. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Wallbox by 25.5% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 146,405 shares of the company’s stock valued at $329,000 after purchasing an additional 29,794 shares during the period. Finally, Autonomy Capital Jersey L.P. increased its holdings in Wallbox by 9.8% during the 3rd quarter. Autonomy Capital Jersey L.P. now owns 175,652 shares of the company’s stock worth $395,000 after purchasing an additional 15,721 shares during the period. 36.94% of the stock is currently owned by hedge funds and other institutional investors.

Wallbox Company Profile

Wallbox N.V., a technology company, designs, manufactures, and distributes charging solutions for residential, business, and public use worldwide. The company operates in three segments: Europe-Middle East and Asia, North America, and Asia-Pacific. It offers EV charging hardware products, such as Pulsar Plus, Pulsar Plus Socket, Pulsar Max, and Pulsar Pro, an AC smart chargers for home and shared spaces; Commander 2, an AC smart charger for fleets and businesses with a 7-inch touchscreen display that provides a personalized and secure user interface for multiple users; Copper SB, an AC smart charger for fleets and businesses with an integrated socket that makes it compatible with both type 1 and type 2 charging cables; Quasar 2, a DC bi-directional charger for home-use that allows to charge and discharge electric vehicle; Supernova, a DC fast charger equipment designed for public use; and Hypernova that allows to optimize available power and adapt to the number of EVs connected for public charging along highways and transcontinental road networks; as well as Wallbox ABL eM4 Single and Twin chargers and eMC3 charging pole.