Short Interest in X3 Holdings Co Ltd. (NASDAQ:XTKG) Expands By 142.3%

X3 Holdings Co Ltd. (NASDAQ:XTKG) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 89,400 shares, an increase of 142.3% from the October 15th total of 36,900 shares. Based on an average trading volume of 658,800 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On X3

A hedge fund recently bought a new stake in X3 stock. Marshall Wace LLP bought a new stake in X3 Holdings Co Ltd. (NASDAQ:XTKG) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 241,899 shares of the company’s stock, valued at approximately $126,000. Marshall Wace LLP owned about 19.23% of X3 as of its most recent SEC filing. 1.85% of the stock is owned by hedge funds and other institutional investors.

X3 Stock Performance

XTKG opened at $0.13 on Friday. X3 has a 52-week low of $0.10 and a 52-week high of $1.64. The firm’s 50-day moving average price is $0.17 and its 200-day moving average price is $0.41.

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.