X3 Holdings Co Ltd. (NASDAQ:XTKG) Sees Significant Decrease in Short Interest

X3 Holdings Co Ltd. (NASDAQ:XTKG) saw a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 5,600 shares, a decline of 93.7% from the October 31st total of 89,400 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 71,900 shares, the short-interest ratio is currently 0.1 days.

X3 Price Performance

Shares of NASDAQ:XTKG traded down $0.11 during trading on Wednesday, reaching $1.78. 65,938 shares of the company’s stock traded hands, compared to its average volume of 32,712. X3 has a 12 month low of $1.52 and a 12 month high of $32.83. The company has a 50 day moving average of $3.12 and a 200-day moving average of $7.35.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in X3 stock. Marshall Wace LLP bought a new position in X3 Holdings Co Ltd. (NASDAQ:XTKG) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and 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 at the end of the most recent quarter. Hedge funds and other institutional investors 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.