X3 Holdings Co., Ltd. (NASDAQ:XTKG) Short Interest Down 40.5% in July

X3 Holdings Co., Ltd. (NASDAQ:XTKG) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 52,300 shares, adropof40.5% from the July 15th total of 87,900 shares. Approximately0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 255,100 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 255,100 shares, the days-to-cover ratio is presently 0.2 days. Approximately0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in X3 stock. XTX Topco Ltd grew its holdings in X3 Holdings Co., Ltd. (NASDAQ:XTKG) by 360.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,736 shares of the company’s stock after purchasing an additional 45,966 shares during the quarter. XTX Topco Ltd owned about 0.43% of X3 worth $67,000 as of its most recent SEC filing. 1.85% of the stock is owned by institutional investors.

X3 Stock Up 5.8%

Shares of X3 stock opened at $2.19 on Monday. The firm’s 50-day moving average price is $1.77 and its 200 day moving average price is $1.28. X3 has a twelve month low of $0.53 and a twelve month high of $8.40.

About X3

X3 Holdings Co Ltd. provides technology solutions and services worldwide. The company offers Global Trade Platform, a digital platform for trading partners, service providers, and government authorities. It also engages in bitcoin cryptomining operations, renewable energy projects, and agriculture technologies and trading.