CISO Global, Inc. (NASDAQ:CISO) Sees Large Decline in Short Interest

CISO Global, Inc. (NASDAQ:CISO) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 125,745 shares, a decrease of 57.7% from the December 31st total of 297,119 shares. Based on an average trading volume of 470,450 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.4% of the shares of the company are sold short. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 470,450 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On CISO Global

A number of hedge funds and other institutional investors have recently made changes to their positions in CISO. Quadrant Private Wealth Management LLC bought a new position in shares of CISO Global during the third quarter valued at approximately $32,000. XTX Topco Ltd acquired a new position in shares of CISO Global during the 2nd quarter valued at about $37,000. Virtu Financial LLC acquired a new position in shares of CISO Global during the third quarter valued at about $58,000. Jane Street Group LLC bought a new position in CISO Global in the 2nd quarter valued at $94,000. Finally, Geode Capital Management LLC boosted its position in shares of CISO Global by 280.8% in the 2nd quarter. Geode Capital Management LLC now owns 228,690 shares of the company’s stock worth $263,000 after purchasing an additional 168,637 shares during the last quarter. Hedge funds and other institutional investors own 40.08% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of CISO Global in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

CISO Global Stock Down 5.3%

Shares of CISO stock traded down $0.03 on Thursday, hitting $0.48. The stock had a trading volume of 124,265 shares, compared to its average volume of 563,491. The company has a market cap of $21.14 million, a PE ratio of -3.43 and a beta of 1.78. The business has a 50 day moving average price of $0.49 and a 200 day moving average price of $0.86. CISO Global has a one year low of $0.30 and a one year high of $1.70.

CISO Global (NASDAQ:CISO) last issued its quarterly earnings data on Thursday, November 13th. The company reported ($0.05) earnings per share (EPS) for the quarter. The firm had revenue of $6.46 million during the quarter. CISO Global had a negative return on equity of 74.83% and a negative net margin of 41.01%.

CISO Global Company Profile

CISO Global, Inc (NASDAQ: CISO) is a cybersecurity and risk management firm that delivers a comprehensive suite of services designed to strengthen organizational defenses and ensure regulatory compliance. The company’s core offerings include managed security services, threat monitoring, incident response, vulnerability assessments and penetration testing. By integrating advanced analytics, automated tooling and human expertise, CISO Global aims to protect enterprises from evolving cyber threats while maintaining the integrity of critical systems and data.

In addition to its managed security platform, CISO Global provides advisory and consulting services that cover risk and compliance management, governance framework development, security policy design and third-party risk assessments.