X3 Holdings Co Ltd. (NASDAQ:XTKG) Short Interest Up 291.1% in November

X3 Holdings Co Ltd. (NASDAQ:XTKG) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 21,900 shares, an increase of 291.1% from the November 15th total of 5,600 shares. Based on an average daily volume of 118,000 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the shares of the stock are sold short.

X3 Price Performance

NASDAQ:XTKG traded down $0.01 during midday trading on Wednesday, hitting $0.96. 69,199 shares of the stock were exchanged, compared to its average volume of 44,573. X3 has a one year low of $0.86 and a one year high of $32.83. The business has a 50-day moving average price of $2.67 and a two-hundred day moving average price of $6.46.

Institutional Investors Weigh In On X3

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

About X3

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.