Short Interest in CISO Global Inc. (NASDAQ:CISO) Expands By 101.8%

CISO Global Inc. (NASDAQ:CISO) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 286,600 shares, a growth of 101.8% from the August 15th total of 142,000 shares. Approximately 4.6% of the company’s shares are sold short. Based on an average trading volume of 795,800 shares, the days-to-cover ratio is currently 0.4 days.

CISO Global Stock Performance

Shares of CISO traded up $0.03 during midday trading on Friday, hitting $0.49. 115,182 shares of the company’s stock traded hands, compared to its average volume of 396,147. CISO Global has a 1 year low of $0.26 and a 1 year high of $3.60. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.52 and a current ratio of 0.52. The firm’s fifty day moving average is $0.50 and its 200-day moving average is $0.86.

CISO Global (NASDAQ:CISO) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.40) earnings per share (EPS) for the quarter. The business had revenue of $7.81 million for the quarter. CISO Global had a negative return on equity of 229.89% and a negative net margin of 57.09%.

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.