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

CISO Global Inc. (NASDAQ:CISO) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 132,000 shares, an increase of 106.3% from the February 13th total of 64,000 shares. Approximately 2.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 263,700 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in CISO Global stock. Captrust Financial Advisors bought a new position in shares of CISO Global Inc. (NASDAQ:CISO) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 13,334 shares of the company’s stock, valued at approximately $46,000. Captrust Financial Advisors owned approximately 0.11% of CISO Global as of its most recent SEC filing. Institutional investors and hedge funds own 40.08% of the company’s stock.

CISO Global Trading Up 2.3 %

Shares of CISO Global stock traded up $0.03 on Friday, reaching $1.12. The stock had a trading volume of 27,568 shares, compared to its average volume of 310,422. The business’s 50 day moving average is $1.14 and its two-hundred day moving average is $1.11. CISO Global has a 1 year low of $0.26 and a 1 year high of $3.84. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.02.

CISO Global Company Profile

CISO Global Inc operates as a cybersecurity and compliance company in the United States, Chile, and internationally. The company offers security managed services, including compliance, secured managed, and cyber defense operation services; culture education and enablement; tools and technology provisioning; data, privacy, regulations, and compliance monitoring; remote infrastructure administration; and antivirus and patch management services.