CISO Global, Inc. (NASDAQ:CISO) Stock Short Interest Falls 75.7%

CISO Global, Inc. (NASDAQ:CISO) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 85,185 shares, a decline of 75.7% from the August 31st total of 350,487 shares. Based on an average trading volume of 178,152 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are sold short.

CISO Global Stock Performance

NASDAQ CISO traded up $0.01 during trading on Friday, reaching $0.24. 56,608 shares of the company’s stock were exchanged, compared to its average volume of 157,129. The company has a 50 day moving average price of $0.25 and a two-hundred day moving average price of $0.29. The stock has a market cap of $10.98 million, a P/E ratio of -1.27 and a beta of 1.73. CISO Global has a 1 year low of $0.20 and a 1 year high of $1.48.

CISO Global (NASDAQ:CISO) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($1.05) by $1.01. CISO Global had a negative return on equity of 20.09% and a negative net margin of 11.67%.The business had revenue of $5.79 million for the quarter, compared to the consensus estimate of $12.92 million.

Analyst Ratings Changes

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

About CISO Global

CISO Global Inc is a cybersecurity company that provides services designed to help organizations identify, manage and respond to cyber risks. Its offerings include cybersecurity consulting, managed security services, compliance support, vulnerability assessments, penetration testing and security program development.

The company also provides incident response and digital forensics services to help clients investigate and recover from cyberattacks. Its solutions support organizations seeking assistance with security monitoring, regulatory requirements, risk management and the development of internal cybersecurity capabilities, including virtual chief information security officer services.

CISO Global was formerly known as Cerberus Cyber Sentinel Corp.