CISO Global, Inc. (NASDAQ:CISO) Sees Significant Increase in Short Interest

CISO Global, Inc. (NASDAQ:CISO) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 402,402 shares, an increase of 220.0% from the January 15th total of 125,745 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average trading volume of 719,076 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 719,076 shares, the days-to-cover ratio is currently 0.6 days. Approximately 1.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

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

CISO Global Trading Down 4.9%

CISO Global stock traded down $0.02 during midday trading on Thursday, reaching $0.36. 136,641 shares of the stock traded hands, compared to its average volume of 543,153. The firm has a fifty day moving average price of $0.46 and a two-hundred day moving average price of $0.81. CISO Global has a fifty-two week low of $0.30 and a fifty-two week high of $1.70. The firm has a market cap of $15.64 million, a price-to-earnings ratio of -2.54 and a beta of 1.77.

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. CISO Global had a negative return on equity of 74.83% and a negative net margin of 41.01%.The business had revenue of $6.46 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of CISO Global in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, CISO Global has a consensus 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.