Short Interest in X3 Holdings Co Ltd. (NASDAQ:XTKG) Decreases By 93.7%

X3 Holdings Co Ltd. (NASDAQ:XTKG) saw a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 5,600 shares, a drop of 93.7% from the October 31st total of 89,400 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 71,900 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in X3 stock. Marshall Wace LLP acquired a new stake in X3 Holdings Co Ltd. (NASDAQ:XTKG) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 241,899 shares of the company’s stock, valued at approximately $126,000. Marshall Wace LLP owned about 19.23% of X3 at the end of the most recent reporting period. Institutional investors own 1.85% of the company’s stock.

X3 Price Performance

NASDAQ:XTKG opened at $1.84 on Friday. The company’s 50 day moving average is $3.03 and its two-hundred day moving average is $7.28. X3 has a twelve month low of $1.52 and a twelve month high of $32.83.

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.