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

CISO Global Inc. (NASDAQ:CISO) was the target of a large 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 days-to-cover ratio is currently 0.5 days.

CISO Global Stock Performance

Shares of CISO stock traded up $0.04 during trading hours on Friday, hitting $1.13. 115,638 shares of the company’s stock were exchanged, compared to its average volume of 311,349. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.02. The firm has a 50 day moving average of $1.10 and a two-hundred day moving average of $1.12. CISO Global has a fifty-two week low of $0.26 and a fifty-two week high of $3.84.

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 disclosure with the SEC. The institutional investor bought 13,334 shares of the company’s stock, valued at approximately $46,000. Captrust Financial Advisors owned 0.11% of CISO Global at the end of the most recent reporting period. Institutional investors own 40.08% of the company’s stock.

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.