WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Short Interest Update

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 278,200 shares, a drop of 59.9% from the November 30th total of 693,000 shares. Based on an average daily trading volume, of 1,600,000 shares, the days-to-cover ratio is presently 0.2 days.

WiMi Hologram Cloud Trading Up 15.2 %

WIMI opened at $1.29 on Friday. WiMi Hologram Cloud has a 12 month low of $0.61 and a 12 month high of $1.87. The business’s 50-day moving average price is $0.88 and its 200-day moving average price is $0.85.

Hedge Funds Weigh In On WiMi Hologram Cloud

Large investors have recently bought and sold shares of the stock. Virtu Financial LLC increased its position in shares of WiMi Hologram Cloud by 97.9% in the third quarter. Virtu Financial LLC now owns 61,676 shares of the company’s stock valued at $64,000 after acquiring an additional 30,512 shares during the period. Symmetry Peak Management LLC bought a new stake in shares of WiMi Hologram Cloud in the third quarter worth about $76,000. Garden State Investment Advisory Services LLC purchased a new position in WiMi Hologram Cloud during the 3rd quarter valued at about $178,000. Finally, XTX Topco Ltd bought a new position in WiMi Hologram Cloud during the 2nd quarter valued at approximately $45,000. 0.96% of the stock is owned by hedge funds and other institutional investors.

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.