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

X3 Holdings Co Ltd. (NASDAQ:XTKG) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 37,600 shares, a decrease of 26.1% from the December 15th total of 50,900 shares. Based on an average daily volume of 174,800 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are sold short.

Hedge Funds Weigh In On X3

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) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 241,899 shares of the company’s stock, valued at approximately $126,000. Marshall Wace LLP owned about 19.23% of X3 at the end of the most recent quarter. Hedge funds and other institutional investors own 1.85% of the company’s stock.

X3 Stock Performance

NASDAQ XTKG opened at $1.00 on Wednesday. The firm’s fifty day moving average is $1.51 and its two-hundred day moving average is $4.41. X3 has a one year low of $0.66 and a one year high of $29.06.

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.