Short Interest in CISO Global, Inc. (NASDAQ:CISO) Decreases By 40.8%

CISO Global, Inc. (NASDAQ:CISO) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 273,788 shares, a decrease of 40.8% from the February 26th total of 462,416 shares. Based on an average daily volume of 146,563 shares, the short-interest ratio is currently 1.9 days. Approximately 0.8% of the shares of the company are short sold.

CISO Global Stock Down 3.6%

NASDAQ CISO traded down $0.01 on Friday, reaching $0.33. The company had a trading volume of 104,152 shares, compared to its average volume of 355,909. CISO Global has a 52 week low of $0.30 and a 52 week high of $1.70. The stock has a market cap of $14.71 million, a price-to-earnings ratio of -2.38 and a beta of 1.79. The stock’s 50 day moving average is $0.40 and its 200-day moving average is $0.68.

Analyst Upgrades and Downgrades

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.com, the stock has a consensus rating of “Sell”.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CISO. Quadrant Private Wealth Management LLC acquired a new position in CISO Global during the third quarter valued at approximately $32,000. XTX Topco Ltd bought a new position in shares of CISO Global during the second quarter worth $37,000. Virtu Financial LLC acquired a new position in shares of CISO Global in the 3rd quarter valued at $58,000. Jane Street Group LLC acquired a new position in shares of CISO Global in the 2nd quarter valued at $94,000. Finally, Geode Capital Management LLC increased its position in shares of CISO Global by 26.7% in the 4th quarter. Geode Capital Management LLC now owns 357,713 shares of the company’s stock valued at $172,000 after buying an additional 75,367 shares in the last quarter. Institutional investors own 40.08% of the company’s stock.

About CISO Global

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.