X3 Holdings Co Ltd. (NASDAQ:XTKG) Short Interest Up 291.1% in November

X3 Holdings Co Ltd. (NASDAQ:XTKG) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 21,900 shares, a growth of 291.1% from the November 15th total of 5,600 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 118,000 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of X3

A hedge fund recently bought a new stake in X3 stock. Marshall Wace LLP purchased a new position in X3 Holdings Co Ltd. (NASDAQ:XTKG) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 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. Institutional investors and hedge funds own 1.85% of the company’s stock.

X3 Price Performance

NASDAQ:XTKG traded down $0.01 during trading hours on Wednesday, reaching $0.96. 69,199 shares of the company traded hands, compared to its average volume of 44,573. The firm’s 50-day moving average is $2.67 and its 200-day moving average is $6.46. X3 has a 1-year low of $0.86 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.