CISO Global, Inc. (NASDAQ:CISO) Short Interest Update

CISO Global, Inc. (NASDAQ:CISO) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 446,729 shares, a growth of 958.7% from the July 30th total of 42,197 shares. Based on an average daily volume of 67,624 shares, the days-to-cover ratio is currently 6.6 days. Currently, 1.3% of the company’s shares are sold short.

CISO Global Stock Performance

NASDAQ:CISO traded down $0.00 during trading hours on Thursday, hitting $0.23. 49,632 shares of the company’s stock traded hands, compared to its average volume of 462,657. CISO Global has a twelve month low of $0.20 and a twelve month high of $1.48. The firm has a market cap of $10.29 million, a P/E ratio of -1.22 and a beta of 1.74. The stock’s fifty day moving average price is $0.26 and its two-hundred day moving average price is $0.31.

CISO Global (NASDAQ:CISO) last released its earnings results on Friday, August 14th. The company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($1.05) by $1.01. The company had revenue of $5.79 million for the quarter, compared to analysts’ expectations of $12.92 million. CISO Global had a negative return on equity of 20.09% and a negative net margin of 11.67%.

Institutional Trading of CISO Global

Several large investors have recently added to or reduced their stakes in CISO. Geode Capital Management LLC raised its holdings in CISO Global by 280.8% during the second quarter. Geode Capital Management LLC now owns 228,690 shares of the company’s stock valued at $263,000 after buying an additional 168,637 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of CISO Global during the 2nd quarter worth about $94,000. Virtu Financial LLC bought a new stake in shares of CISO Global during the 3rd quarter worth about $58,000. Finally, XTX Topco Ltd acquired a new position in shares of CISO Global during the 2nd quarter valued at about $37,000. 40.08% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded CISO Global from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, June 18th. One analyst has rated the stock with a Sell rating, According to MarketBeat, CISO Global presently has an average rating of “Sell”.

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.