X3 Holdings Co Ltd. (NASDAQ:XTKG) Short Interest Down 93.7% in November

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in X3 stock. Marshall Wace LLP acquired a new stake in X3 Holdings Co Ltd. (NASDAQ:XTKG) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 241,899 shares of the company’s stock, valued at approximately $126,000. Marshall Wace LLP owned approximately 19.23% of X3 as of its most recent SEC filing. 1.85% of the stock is owned by hedge funds and other institutional investors.

X3 Stock Down 5.8 %

XTKG traded down $0.11 during midday trading on Wednesday, hitting $1.78. The company’s stock had a trading volume of 65,938 shares, compared to its average volume of 32,712. X3 has a 52-week low of $1.52 and a 52-week high of $32.83. The firm has a 50-day moving average price of $3.12 and a two-hundred day moving average price of $7.35.

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.