X3 Holdings Co Ltd. (NASDAQ:XTKG) Short Interest Down 88.1% in September

X3 Holdings Co Ltd. (NASDAQ:XTKG) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 7,700 shares, a drop of 88.1% from the August 31st total of 64,900 shares. Based on an average daily volume of 272,700 shares, the days-to-cover ratio is presently 0.0 days.

X3 Stock Performance

NASDAQ XTKG opened at $0.19 on Friday. The company has a 50-day simple moving average of $0.32 and a two-hundred day simple moving average of $0.54. X3 has a 12-month low of $0.17 and a 12-month high of $1.64.

Institutional Investors Weigh In On X3

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) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 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 filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 1.85% of the company’s stock.

X3 Company Profile

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.