Short Interest in X3 Holdings Co Ltd. (NASDAQ:XTKG) Grows By 885.7%

X3 Holdings Co Ltd. (NASDAQ:XTKG) saw a large increase in short interest in September. As of September 30th, there was short interest totalling 75,900 shares, an increase of 885.7% from the September 15th total of 7,700 shares. Based on an average daily trading volume, of 320,900 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

X3 Price Performance

NASDAQ:XTKG opened at $0.19 on Friday. The company has a 50-day moving average of $0.27 and a 200-day moving average of $0.51. X3 has a 52 week low of $0.17 and a 52 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 position in X3 Holdings Co Ltd. (NASDAQ:XTKG) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 241,899 shares of the company’s stock, valued at approximately $126,000. Marshall Wace LLP owned approximately 19.23% of X3 at the end of the most recent quarter. 1.85% of the stock is owned by institutional investors.

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.