CISO Global Inc. (NASDAQ:CISO) Short Interest Update

CISO Global Inc. (NASDAQ:CISO) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 115,400 shares, a decrease of 36.8% from the February 29th total of 182,500 shares. Based on an average trading volume of 238,900 shares, the short-interest ratio is currently 0.5 days. Approximately 1.9% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Cantor Fitzgerald restated an “overweight” rating on shares of CISO Global in a research report on Wednesday, February 14th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Bank of New York Mellon Corp acquired a new stake in CISO Global in the 1st quarter valued at approximately $62,000. Citigroup Inc. acquired a new stake in CISO Global during the first quarter valued at $50,000. BlackRock Inc. acquired a new stake in CISO Global during the first quarter valued at $2,545,000. Vanguard Group Inc. acquired a new stake in CISO Global during the first quarter valued at $2,323,000. Finally, Charles Schwab Investment Management Inc. acquired a new stake in shares of CISO Global in the first quarter worth about $106,000. Institutional investors own 40.08% of the company’s stock.

CISO Global Trading Up 6.1 %

Shares of CISO stock traded up $0.07 during trading hours on Friday, reaching $1.22. The company had a trading volume of 166,965 shares, compared to its average volume of 168,415. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.50 and a quick ratio of 0.50. CISO Global has a twelve month low of $1.03 and a twelve month high of $5.63. The stock’s fifty day simple moving average is $1.46 and its 200 day simple moving average is $1.70.

About CISO Global

CISO Global Inc operates as a cybersecurity and compliance company in the United States, Chile, and internationally. Its cybersecurity services include security managed, cybersecurity consulting, compliance auditing, vulnerability assessment, penetration testing, disaster recovery, data backup, and cybersecurity training services.