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

X3 Holdings Co Ltd. (NASDAQ:XTKG) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 89,400 shares, a growth of 142.3% from the October 15th total of 36,900 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 658,800 shares, the short-interest ratio is presently 0.1 days.

X3 Price Performance

Shares of XTKG stock opened at $0.15 on Thursday. X3 has a 1 year low of $0.10 and a 1 year high of $1.64. The company’s fifty day simple moving average is $0.17 and its two-hundred day simple moving average is $0.41.

Institutional Trading of X3

An institutional investor recently bought a new position in X3 stock. Marshall Wace LLP purchased a new position in X3 Holdings Co Ltd. (NASDAQ:XTKG) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 241,899 shares of the company’s stock, valued at approximately $126,000. Marshall Wace LLP owned approximately 19.23% of X3 at the end of the most recent quarter. 1.85% of the stock is owned by institutional investors and hedge funds.

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.