Short Interest in X3 Holdings Co., Ltd. (NASDAQ:XTKG) Drops By 23.4%

X3 Holdings Co., Ltd. (NASDAQ:XTKG) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 27,100 shares, a decline of 23.4% from the August 15th total of 35,400 shares. Based on an average trading volume of 589,300 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 589,300 shares, the short-interest ratio is currently 0.0 days.

X3 Trading Up 1.6%

NASDAQ XTKG opened at $1.94 on Friday. The firm has a 50 day moving average of $2.00 and a two-hundred day moving average of $1.52. X3 has a 52 week low of $0.53 and a 52 week high of $4.34.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in X3 stock. XTX Topco Ltd grew its stake in X3 Holdings Co., Ltd. (NASDAQ:XTKG) by 360.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,736 shares of the company’s stock after buying an additional 45,966 shares during the period. XTX Topco Ltd owned 0.43% of X3 worth $67,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 1.85% of the company’s stock.

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.