Short Interest in MicroCloud Hologram Inc. (NASDAQ:HOLO) Grows By 129.8%

MicroCloud Hologram Inc. (NASDAQ:HOLO) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 2,780,000 shares, a growth of 129.8% from the May 31st total of 1,210,000 shares. Based on an average daily trading volume, of 14,210,000 shares, the short-interest ratio is currently 0.2 days. Approximately 11.1% of the shares of the stock are short sold.

MicroCloud Hologram Stock Up 2.0 %

NASDAQ:HOLO opened at $0.82 on Friday. MicroCloud Hologram has a twelve month low of $0.76 and a twelve month high of $113.00. The business’s 50-day moving average price is $1.75 and its two-hundred day moving average price is $5.28.

Hedge Funds Weigh In On MicroCloud Hologram

A hedge fund recently bought a new stake in MicroCloud Hologram stock. BNP Paribas Financial Markets purchased a new stake in shares of MicroCloud Hologram Inc. (NASDAQ:HOLO) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 6,981 shares of the company’s stock, valued at approximately $27,000. BNP Paribas Financial Markets owned approximately 0.12% of MicroCloud Hologram as of its most recent SEC filing. 2.13% of the stock is currently owned by institutional investors and hedge funds.

MicroCloud Hologram Company Profile

MicroCloud Hologram Inc provides holographic technology services worldwide. It operates in two segments, Holographic Solutions and Holographic Technology Service. Its services include holographic light detection and ranging (LiDAR) solutions based on holographic technology, holographic LiDAR point cloud algorithms architecture design, technical holographic imaging solutions, holographic LiDAR sensor chip design, and holographic vehicle intelligent vision technology to service customers that provide holographic advanced driver assistance systems.