Short Interest in WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Expands By 53.1%

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) saw a large increase in short interest in June. As of June 15th, there was short interest totalling 1,400,000 shares, an increase of 53.1% from the May 31st total of 914,600 shares. Based on an average daily volume of 1,860,000 shares, the days-to-cover ratio is currently 0.8 days.

WiMi Hologram Cloud Price Performance

WiMi Hologram Cloud stock opened at $0.84 on Friday. The company has a current ratio of 3.67, a quick ratio of 3.67 and a debt-to-equity ratio of 0.05. WiMi Hologram Cloud has a 12 month low of $0.56 and a 12 month high of $1.87. The stock has a 50-day moving average price of $0.89 and a two-hundred day moving average price of $0.87.

Hedge Funds Weigh In On WiMi Hologram Cloud

An institutional investor recently raised its position in WiMi Hologram Cloud stock. Vontobel Holding Ltd. lifted its stake in shares of WiMi Hologram Cloud Inc. (NASDAQ:WIMI) by 32.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,099 shares of the company’s stock after acquiring an additional 15,808 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.07% of WiMi Hologram Cloud worth $52,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 0.96% of the company’s stock.

WiMi Hologram Cloud Company Profile

WiMi Hologram Cloud Inc provides augmented reality (AR) based holographic services and products in China. It operates in three segments: AR Advertising Services, AR Entertainment, and Semiconductor Related Products and Services. The company primarily offers holographic AR advertising services and holographic AR entertainment products.