Short Interest in CISO Global Inc. (NASDAQ:CISO) Grows By 217.6%

CISO Global Inc. (NASDAQ:CISO) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 419,200 shares, an increase of 217.6% from the February 28th total of 132,000 shares. Approximately 6.6% of the company’s shares are sold short. Based on an average daily trading volume, of 1,010,000 shares, the days-to-cover ratio is currently 0.4 days.

CISO Global Price Performance

Shares of CISO stock opened at $0.45 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.13 and a quick ratio of 0.13. The stock has a 50 day moving average price of $0.94 and a 200 day moving average price of $1.12. CISO Global has a 52-week low of $0.26 and a 52-week high of $3.84.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in CISO Global stock. Captrust Financial Advisors purchased a new stake in shares of CISO Global Inc. (NASDAQ:CISO) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 13,334 shares of the company’s stock, valued at approximately $46,000. Captrust Financial Advisors owned approximately 0.11% of CISO Global as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 40.08% of the company’s stock.

About CISO Global

CISO Global Inc operates as a cybersecurity and compliance company in the United States, Chile, and internationally. The company offers security managed services, including compliance, secured managed, and cyber defense operation services; culture education and enablement; tools and technology provisioning; data, privacy, regulations, and compliance monitoring; remote infrastructure administration; and antivirus and patch management services.