CISO Global, Inc. (NASDAQ:CISO) Sees Significant Decline in Short Interest

CISO Global, Inc. (NASDAQ:CISO) was the target of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 227,450 shares, a drop of 43.5% from the January 29th total of 402,402 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 414,417 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 414,417 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.7% of the company’s stock are short sold.

Institutional Investors Weigh In On CISO Global

Several hedge funds and other institutional investors have recently bought and sold shares of CISO. Quadrant Private Wealth Management LLC purchased a new stake in shares of CISO Global in the 3rd quarter valued at about $32,000. XTX Topco Ltd purchased a new position in CISO Global during the 2nd quarter worth approximately $37,000. Virtu Financial LLC acquired a new position in CISO Global during the third quarter worth approximately $58,000. Geode Capital Management LLC lifted its stake in CISO Global by 26.7% in the fourth quarter. Geode Capital Management LLC now owns 357,713 shares of the company’s stock valued at $172,000 after buying an additional 75,367 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in CISO Global in the second quarter valued at approximately $94,000. 40.08% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of CISO Global in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, CISO Global currently has an average rating of “Sell”.

CISO Global Stock Down 2.2%

CISO Global stock traded down $0.01 during mid-day trading on Friday, hitting $0.38. The company had a trading volume of 250,917 shares, compared to its average volume of 353,955. CISO Global has a 1 year low of $0.30 and a 1 year high of $1.70. The business has a fifty day moving average of $0.43 and a 200 day moving average of $0.75. The stock has a market cap of $16.57 million, a price-to-earnings ratio of -2.69 and a beta of 1.77.

About CISO Global

CISO Global, Inc (NASDAQ: CISO) is a cybersecurity and risk management firm that delivers a comprehensive suite of services designed to strengthen organizational defenses and ensure regulatory compliance. The company’s core offerings include managed security services, threat monitoring, incident response, vulnerability assessments and penetration testing. By integrating advanced analytics, automated tooling and human expertise, CISO Global aims to protect enterprises from evolving cyber threats while maintaining the integrity of critical systems and data.

In addition to its managed security platform, CISO Global provides advisory and consulting services that cover risk and compliance management, governance framework development, security policy design and third-party risk assessments.