Short Interest in WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Expands By 57.0%

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) saw a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 7,220,000 shares, an increase of 57.0% from the January 15th total of 4,600,000 shares. Based on an average daily trading volume, of 7,550,000 shares, the days-to-cover ratio is currently 1.0 days.

WiMi Hologram Cloud Stock Up 7.3 %

Shares of NASDAQ:WIMI opened at $0.96 on Friday. WiMi Hologram Cloud has a fifty-two week low of $0.63 and a fifty-two week high of $2.92. The firm has a 50-day simple moving average of $1.14 and a 200 day simple moving average of $0.94.

Hedge Funds Weigh In On WiMi Hologram Cloud

Institutional investors have recently made changes to their positions in the stock. Garden State Investment Advisory Services LLC acquired a new position in WiMi Hologram Cloud during the 3rd quarter valued at approximately $178,000. Symmetry Peak Management LLC acquired a new position in shares of WiMi Hologram Cloud during the third quarter valued at $76,000. Virtu Financial LLC grew its position in shares of WiMi Hologram Cloud by 97.9% during the third quarter. Virtu Financial LLC now owns 61,676 shares of the company’s stock worth $64,000 after acquiring an additional 30,512 shares during the last quarter. Private Advisor Group LLC acquired a new stake in shares of WiMi Hologram Cloud in the 4th quarter worth about $54,000. Finally, SBI Securities Co. Ltd. bought a new stake in WiMi Hologram Cloud in the 4th quarter valued at about $190,000. 0.96% of the stock is owned by 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.