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

X3 Holdings Co Ltd. (NASDAQ:XTKG) was the recipient of 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. Based on an average trading volume of 658,800 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On X3

An institutional investor recently bought a new position in X3 stock. Marshall Wace LLP bought a new position in X3 Holdings Co Ltd. (NASDAQ:XTKG) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 and Exchange Commission (SEC). 1.85% of the stock is owned by institutional investors and hedge funds.

X3 Stock Performance

XTKG stock opened at $0.13 on Friday. The business has a 50-day moving average price of $0.17 and a 200 day moving average price of $0.41. X3 has a 1-year low of $0.10 and a 1-year 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.