Short Interest in Wallbox (NYSE:WBX) Declines By 26.8%

Wallbox (NYSE:WBX - Get Free Report) was the target of a large decline in short interest in April. As of April 15th, there was short interest totalling 2,320,000 shares, a decline 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 shares of the stock are short sold.

Institutional Trading of Wallbox

Several institutional investors have recently made changes to their positions in WBX. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Wallbox by 948.0% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 17,847 shares of the company's stock valued at $39,000 after acquiring an additional 16,144 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in Wallbox in the third quarter valued at about $236,000. Healthcare of Ontario Pension Plan Trust Fund boosted its position 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 buying an additional 29,794 shares in the last quarter. Autonomy Capital Jersey L.P. boosted its position in Wallbox by 9.8% in the third quarter. Autonomy Capital Jersey L.P. now owns 175,652 shares of the company's stock valued at $395,000 after buying an additional 15,721 shares in the last quarter. Finally, Norges Bank acquired a new position in Wallbox in the fourth quarter valued at about $8,923,000. 36.94% of the stock is currently owned by institutional investors and hedge funds.

Wallbox Stock Up 4.2 %

Shares of Wallbox stock traded up $0.06 during trading on Friday, hitting $1.49. 192,407 shares of the company's stock traded hands, compared to its average volume of 391,978. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.35 and a quick ratio of 0.86. The firm's fifty day moving average price is $1.45 and its 200 day moving average price is $1.59. Wallbox has a twelve month low of $1.21 and a twelve month high of $5.10.

About Wallbox

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.