CISO Global, Inc. (NASDAQ:CISO) Short Interest Down 57.7% in January

CISO Global, Inc. (NASDAQ:CISO) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 125,745 shares, a drop of 57.7% from the December 31st total of 297,119 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 470,450 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 470,450 shares, the short-interest ratio is presently 0.3 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Investors Weigh In On CISO Global

Several institutional investors have recently bought and sold shares of CISO. Virtu Financial LLC bought a new position in shares of CISO Global in the third quarter worth about $58,000. Quadrant Private Wealth Management LLC bought a new position in shares of CISO Global during the 3rd quarter worth approximately $32,000. Jane Street Group LLC acquired a new position in shares of CISO Global during the 2nd quarter worth about $94,000. XTX Topco Ltd bought a new stake in shares of CISO Global in the 2nd quarter valued at about $37,000. Finally, Geode Capital Management LLC raised its stake in CISO Global by 280.8% in the second quarter. Geode Capital Management LLC now owns 228,690 shares of the company’s stock valued at $263,000 after buying an additional 168,637 shares during the period. Institutional investors and hedge funds own 40.08% of the company’s stock.

Wall Street Analysts Forecast Growth

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

CISO Global Trading Down 6.3%

Shares of NASDAQ CISO traded down $0.03 during mid-day trading on Friday, reaching $0.44. The company had a trading volume of 1,207,077 shares, compared to its average volume of 600,874. The stock has a market cap of $19.29 million, a P/E ratio of -3.13 and a beta of 1.78. CISO Global has a 52-week low of $0.30 and a 52-week high of $1.70. The firm has a 50 day simple moving average of $0.48 and a two-hundred day simple moving average of $0.85.

CISO Global (NASDAQ:CISO) last released its earnings results on Thursday, November 13th. The company reported ($0.05) EPS for the quarter. The business had revenue of $6.46 million during the quarter. CISO Global had a negative net margin of 41.01% and a negative return on equity of 74.83%.

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.