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

CISO Global Inc. (NASDAQ:CISO) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 286,600 shares, a growth of 101.8% from the August 15th total of 142,000 shares. Currently, 4.6% of the shares of the company are sold short. Based on an average daily trading volume, of 795,800 shares, the days-to-cover ratio is currently 0.4 days.

CISO Global Trading Up 7.5 %

Shares of CISO stock traded up $0.03 during trading hours on Friday, reaching $0.49. 116,015 shares of the company’s stock were exchanged, compared to its average volume of 396,147. CISO Global has a fifty-two week low of $0.26 and a fifty-two week high of $3.60. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.01. The business has a fifty day moving average price of $0.50 and a 200-day moving average price of $0.84.

CISO Global (NASDAQ:CISO) last released its earnings results on Wednesday, August 14th. The company reported ($0.40) EPS for the quarter. CISO Global had a negative net margin of 57.09% and a negative return on equity of 229.89%. The company had revenue of $7.81 million for the quarter.

About CISO Global

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.