Investors Buy High Volume of Call Options on WiMi Hologram Cloud (NASDAQ:WIMI)

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) saw some unusual options trading on Thursday. Investors acquired 2,295 call options on the company. This represents an increase of approximately 84% compared to the typical daily volume of 1,244 call options.

Institutional Trading of WiMi Hologram Cloud

Several large investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC raised its position in 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 purchasing an additional 30,512 shares during the period. Symmetry Peak Management LLC purchased a new position in WiMi Hologram Cloud in the third quarter valued at $76,000. Garden State Investment Advisory Services LLC purchased a new position in WiMi Hologram Cloud in the third quarter worth approximately $178,000. Finally, XTX Topco Ltd purchased a new position in shares of WiMi Hologram Cloud in the 2nd quarter valued at about $45,000. 0.96% of the stock is currently owned by hedge funds and other institutional investors.

WiMi Hologram Cloud Stock Down 9.2 %

Shares of WIMI opened at $1.68 on Friday. The firm’s fifty day moving average is $0.98 and its two-hundred day moving average is $0.89. WiMi Hologram Cloud has a 52-week low of $0.61 and a 52-week high of $2.92.

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.