CISO Global, Inc. (NASDAQ:CISO) Sees Significant Decrease in Short Interest

CISO Global, Inc. (NASDAQ:CISO) was the target of 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. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 178,152 shares, the short-interest ratio is currently 0.5 days.

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 analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

CISO Global Stock Up 2.8%

CISO stock traded up $0.01 during trading on Friday, hitting $0.24. 56,608 shares of the company’s stock traded hands, compared to its average volume of 157,129. The stock has a market capitalization of $10.98 million, a price-to-earnings ratio of -1.27 and a beta of 1.73. CISO Global has a 52 week low of $0.20 and a 52 week high of $1.48. The stock has a fifty day moving average price of $0.25 and a two-hundred day moving average price of $0.29.

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

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.