CISO Global, Inc. (NASDAQ:CISO) Short Interest Down 95.8% in July

CISO Global, Inc. (NASDAQ:CISO) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 42,197 shares, a decrease of 95.8% from the July 15th total of 1,006,764 shares. Based on an average daily volume of 119,021 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of CISO Global from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

CISO Global Stock Up 0.4%

CISO traded up $0.00 on Tuesday, hitting $0.26. 51,918 shares of the company traded hands, compared to its average volume of 119,694. The company has a 50 day moving average of $0.28 and a 200-day moving average of $0.33. The stock has a market capitalization of $11.78 million, a PE ratio of -1.08 and a beta of 1.74. CISO Global has a 12-month low of $0.21 and a 12-month high of $1.48.

CISO Global (NASDAQ:CISO) last announced its earnings results on Thursday, May 14th. The company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($1.05) by $1.01. The company had revenue of $6.22 million for the quarter, compared to the consensus estimate of $12.92 million. CISO Global had a negative return on equity of 32.61% and a negative net margin of 16.69%.

Hedge Funds Weigh In On CISO Global

Hedge funds and other institutional investors have recently bought and sold shares of the company. XTX Topco Ltd acquired a new position in CISO Global in the 2nd quarter valued at $37,000. Virtu Financial LLC acquired a new stake in shares of CISO Global in the 3rd quarter worth $58,000. Jane Street Group LLC purchased a new stake in shares of CISO Global in the second quarter valued at about $94,000. Finally, Geode Capital Management LLC boosted its holdings in shares of CISO Global by 26.7% in the fourth quarter. Geode Capital Management LLC now owns 357,713 shares of the company’s stock valued at $172,000 after acquiring an additional 75,367 shares in the last quarter. 40.08% of the stock is currently owned by hedge funds and other institutional investors.

CISO Global Company Profile

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.