Short Interest in CISO Global, Inc. (NASDAQ:CISO) Declines By 40.8%

CISO Global, Inc. (NASDAQ:CISO) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 273,788 shares, a drop of 40.8% from the February 26th total of 462,416 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 146,563 shares, the days-to-cover ratio is presently 1.9 days.

CISO Global Stock Down 5.1%

Shares of CISO stock opened at $0.33 on Friday. The firm has a market capitalization of $14.49 million, a P/E ratio of -2.35 and a beta of 1.79. CISO Global has a twelve month low of $0.30 and a twelve month high of $1.70. The stock’s fifty day simple moving average is $0.39 and its 200 day simple moving average is $0.68.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of CISO Global in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Institutional Trading of CISO Global

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quadrant Private Wealth Management LLC acquired a new position in shares of CISO Global in the third quarter valued at approximately $32,000. XTX Topco Ltd acquired a new stake in CISO Global during the 2nd quarter worth approximately $37,000. Virtu Financial LLC bought a new stake in CISO Global during the 3rd quarter worth approximately $58,000. Jane Street Group LLC bought a new stake in CISO Global during the 2nd quarter worth approximately $94,000. Finally, Geode Capital Management LLC increased its position in CISO Global by 280.8% in the 2nd quarter. Geode Capital Management LLC now owns 228,690 shares of the company’s stock valued at $263,000 after acquiring an additional 168,637 shares during the period. 40.08% of the stock is currently owned by institutional investors.

About CISO Global

CISO Global, Inc (NASDAQ: CISO) is a cybersecurity and risk management firm that delivers a comprehensive suite of services designed to strengthen organizational defenses and ensure regulatory compliance. The company’s core offerings include managed security services, threat monitoring, incident response, vulnerability assessments and penetration testing. By integrating advanced analytics, automated tooling and human expertise, CISO Global aims to protect enterprises from evolving cyber threats while maintaining the integrity of critical systems and data.

In addition to its managed security platform, CISO Global provides advisory and consulting services that cover risk and compliance management, governance framework development, security policy design and third-party risk assessments.