WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Short Interest Down 31.2% in February

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 4,970,000 shares, a drop of 31.2% from the January 31st total of 7,220,000 shares. Based on an average daily trading volume, of 8,710,000 shares, the days-to-cover ratio is currently 0.6 days.

WiMi Hologram Cloud Price Performance

NASDAQ:WIMI opened at $0.73 on Tuesday. The business has a fifty day simple moving average of $1.15 and a two-hundred day simple moving average of $0.96. WiMi Hologram Cloud has a 1 year low of $0.63 and a 1 year high of $2.92.

Institutional Trading of WiMi Hologram Cloud

Large investors have recently bought and sold shares of the company. Commonwealth Equity Services LLC purchased a new stake in WiMi Hologram Cloud in the fourth quarter worth $33,000. Two Sigma Investments LP purchased a new stake in WiMi Hologram Cloud in the fourth quarter worth $45,000. Private Advisor Group LLC purchased a new stake in WiMi Hologram Cloud in the fourth quarter worth $54,000. Bravias Capital Group LLC purchased a new stake in WiMi Hologram Cloud in the fourth quarter worth $61,000. Finally, Virtu Financial LLC boosted its holdings 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 worth $64,000 after acquiring an additional 30,512 shares during the period. 0.96% of the stock is owned by hedge funds and other institutional investors.

About WiMi Hologram Cloud

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.