Short Interest in X3 Holdings Co Ltd. (NASDAQ:XTKG) Rises By 142.3%

X3 Holdings Co Ltd. (NASDAQ:XTKG) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 89,400 shares, a growth of 142.3% from the October 15th total of 36,900 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 658,800 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in X3 stock. Marshall Wace LLP purchased a new position in X3 Holdings Co Ltd. (NASDAQ:XTKG) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 241,899 shares of the company’s stock, valued at approximately $126,000. Marshall Wace LLP owned approximately 19.23% of X3 at the end of the most recent reporting period. Hedge funds and other institutional investors own 1.85% of the company’s stock.

X3 Stock Performance

X3 stock opened at $0.15 on Thursday. The business has a 50-day simple moving average of $0.17 and a 200 day simple moving average of $0.41. X3 has a 52 week low of $0.10 and a 52 week 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.