Twenty One Capital, Inc. (NYSE:XXI) Short Interest Update

Twenty One Capital, Inc. (NYSE:XXI) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 7,121,674 shares, a growth of 52.8% from the July 15th total of 4,661,388 shares. Approximately 1.1% of the company’s stock are short sold. Based on an average daily volume of 2,022,242 shares, the short-interest ratio is presently 3.5 days.

Twenty One Capital Trading Down 2.3%

XXI traded down $0.11 during trading on Tuesday, reaching $4.84. The company had a trading volume of 100,495 shares, compared to its average volume of 1,411,956. The company has a market cap of $3.15 billion, a price-to-earnings ratio of -34.60 and a beta of -1.41. The company has a debt-to-equity ratio of 0.22, a quick ratio of 71.03 and a current ratio of 71.03. The firm’s 50-day simple moving average is $5.11 and its 200 day simple moving average is $6.43. Twenty One Capital has a 12-month low of $4.15 and a 12-month high of $12.51.

Twenty One Capital (NYSE:XXI) last announced its quarterly earnings results on Tuesday, August 11th. The company reported ($0.02) EPS for the quarter.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Weiss Ratings reissued a “sell (d)” rating on shares of Twenty One Capital in a report on Tuesday, August 11th. Wall Street Zen raised Twenty One Capital from a “strong sell” rating to a “hold” rating in a report on Saturday, July 18th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

Institutional Investors Weigh In On Twenty One Capital

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Schonfeld Strategic Advisors LLC acquired a new position in Twenty One Capital during the 4th quarter valued at $91,000. E6 Portfolios LLC bought a new position in shares of Twenty One Capital during the 4th quarter worth about $106,000. Evexia Wealth LLC increased its holdings in shares of Twenty One Capital by 18.1% during the 1st quarter. Evexia Wealth LLC now owns 12,539 shares of the company’s stock worth $88,000 after purchasing an additional 1,926 shares during the period. Kovack Advisors Inc. acquired a new position in shares of Twenty One Capital during the fourth quarter valued at about $127,000. Finally, CI Investments Inc. acquired a new position in shares of Twenty One Capital during the first quarter valued at about $108,000.

Twenty One Capital Company Profile

Twenty One Capital Inc is a newly formed operating company focused exclusively on Bitcoin-related business lines. Twenty One Capital Inc, formerly known as Cantor Equity Partners Inc, is based in AUSTIN, Texas.