X3 Holdings Co Ltd. (NASDAQ:XTKG) Short Interest Up 885.7% in September

X3 Holdings Co Ltd. (NASDAQ:XTKG) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 75,900 shares, a growth of 885.7% from the September 15th total of 7,700 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 320,900 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of X3

A hedge fund recently bought a new stake in X3 stock. Marshall Wace LLP bought a new position in X3 Holdings Co Ltd. (NASDAQ:XTKG) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 241,899 shares of the company’s stock, valued at approximately $126,000. Marshall Wace LLP owned about 19.23% of X3 at the end of the most recent quarter. Institutional investors and hedge funds own 1.85% of the company’s stock.

X3 Stock Performance

NASDAQ XTKG opened at $0.19 on Friday. The stock’s 50 day simple moving average is $0.27 and its 200 day simple moving average is $0.51. X3 has a one year low of $0.17 and a one year high of $1.64.

X3 Company Profile

X3 Holdings Co Ltd. provides technology solutions and services worldwide. The company offers Global Trade Platform, a digital platform for trading partners, service providers, and government authorities. It also engages in bitcoin cryptomining operations, renewable energy projects, and agriculture technologies and trading.