Short Interest in CISO Global Inc. (NASDAQ:CISO) Increases By 474.9%

CISO Global Inc. (NASDAQ:CISO) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 2,410,000 shares, an increase of 474.9% from the March 15th total of 419,200 shares. Based on an average daily volume of 2,910,000 shares, the short-interest ratio is presently 0.8 days. Currently, 33.2% of the shares of the stock are short sold.

CISO Global Stock Up 10.5 %

Shares of CISO Global stock traded up $0.04 on Tuesday, hitting $0.44. 2,479,861 shares of the company’s stock traded hands, compared to its average volume of 1,039,188. CISO Global has a one year low of $0.26 and a one year high of $3.84. The company has a fifty day moving average of $0.78 and a two-hundred day moving average of $1.11. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.02.

Hedge Funds Weigh In On CISO Global

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

About CISO Global

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.