WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Short Interest Up 1,176.1% in January

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) saw a significant growth in short interest in January. As of January 15th, there was short interest totalling 3,550,000 shares, a growth of 1,176.1% from the December 31st total of 278,200 shares. Based on an average trading volume of 6,050,000 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On WiMi Hologram Cloud

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Virtu Financial LLC increased its position in 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 buying an additional 30,512 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of WiMi Hologram Cloud during the 2nd quarter worth approximately $45,000. Symmetry Peak Management LLC bought a new stake in WiMi Hologram Cloud in the 3rd quarter valued at $76,000. Finally, Garden State Investment Advisory Services LLC bought a new stake in WiMi Hologram Cloud in the 3rd quarter valued at $178,000. 0.96% of the stock is owned by institutional investors.

WiMi Hologram Cloud Stock Down 5.4 %

WIMI opened at $0.94 on Thursday. WiMi Hologram Cloud has a 12 month low of $0.61 and a 12 month high of $2.92. The firm’s fifty day simple moving average is $1.12 and its 200 day simple moving average is $0.94.

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.