X3 Holdings Co Ltd. (NASDAQ:XTKG) Short Interest Up 132.4% in December

X3 Holdings Co Ltd. (NASDAQ:XTKG) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 50,900 shares, a growth of 132.4% from the November 30th total of 21,900 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 144,800 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On X3

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

X3 Stock Performance

NASDAQ XTKG opened at $0.96 on Friday. The company has a fifty day moving average of $1.88 and a 200 day moving average of $5.32. X3 has a 1 year low of $0.66 and a 1 year 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.