X3 Holdings Co Ltd. (NASDAQ:XTKG) Short Interest Update

X3 Holdings Co Ltd. (NASDAQ:XTKG) was the target of a large drop in short interest in October. As of October 15th, there was short interest totalling 36,900 shares, a drop of 51.4% from the September 30th total of 75,900 shares. Based on an average daily trading volume, of 363,500 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

X3 Price Performance

XTKG stock opened at $0.13 on Friday. The firm has a fifty day moving average price of $0.22 and a 200 day moving average price of $0.46. X3 has a fifty-two week low of $0.12 and a fifty-two week high of $1.64.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in X3 stock. Marshall Wace LLP bought a new stake in X3 Holdings Co Ltd. (NASDAQ:XTKG) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 241,899 shares of the company’s stock, valued at approximately $126,000. Marshall Wace LLP owned approximately 19.23% of X3 as of its most recent filing with the Securities & Exchange Commission. 1.85% of the stock is currently owned by institutional investors and hedge funds.

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.