CISO Global Inc. (NASDAQ:CISO) Sees Large Growth in Short Interest

CISO Global Inc. (NASDAQ:CISO) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 132,000 shares, a growth of 106.3% from the February 13th total of 64,000 shares. Based on an average daily volume of 263,700 shares, the days-to-cover ratio is currently 0.5 days. Approximately 2.1% of the shares of the company are short sold.

CISO Global Price Performance

Shares of CISO Global stock traded up $0.04 during midday trading on Friday, hitting $1.13. The company had a trading volume of 115,638 shares, compared to its average volume of 311,349. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.13 and a current ratio of 0.13. The company has a fifty day simple moving average of $1.10 and a 200 day simple moving average of $1.12. CISO Global has a 12-month low of $0.26 and a 12-month high of $3.84.

Hedge Funds Weigh In On CISO Global

An institutional investor recently bought a new position in CISO Global stock. Captrust Financial Advisors purchased a new position in CISO Global Inc. (NASDAQ:CISO) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 13,334 shares of the company’s stock, valued at approximately $46,000. Captrust Financial Advisors owned 0.11% of CISO Global at the end of the most recent quarter. Institutional investors and hedge funds own 40.08% of the company’s stock.

CISO Global Company Profile

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.