MicroCloud Hologram Inc. (NASDAQ:HOLO) Short Interest Update

MicroCloud Hologram Inc. (NASDAQ:HOLO) saw a significant growth in short interest in June. As of June 30th, there was short interest totalling 7,430,000 shares, a growth of 167.3% from the June 15th total of 2,780,000 shares. Based on an average daily trading volume, of 16,650,000 shares, the short-interest ratio is presently 0.4 days. Approximately 9.5% of the shares of the stock are short sold.

MicroCloud Hologram Price Performance

MicroCloud Hologram stock traded down $0.05 during midday trading on Friday, hitting $0.62. 18,179,606 shares of the company’s stock were exchanged, compared to its average volume of 12,424,551. The stock has a 50-day moving average price of $1.45 and a two-hundred day moving average price of $5.05. MicroCloud Hologram has a 52-week low of $0.55 and a 52-week high of $113.00.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in MicroCloud Hologram stock. BNP Paribas Financial Markets bought a new stake in shares of MicroCloud Hologram Inc. (NASDAQ:HOLO) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 6,981 shares of the company’s stock, valued at approximately $27,000. BNP Paribas Financial Markets owned about 0.12% of MicroCloud Hologram at the end of the most recent reporting period. Institutional investors and hedge funds own 2.13% of the company’s stock.

About MicroCloud Hologram

MicroCloud Hologram Inc provides holographic technology services worldwide. It operates in two segments, Holographic Solutions and Holographic Technology Service. Its services include holographic light detection and ranging (LiDAR) solutions based on holographic technology, holographic LiDAR point cloud algorithms architecture design, technical holographic imaging solutions, holographic LiDAR sensor chip design, and holographic vehicle intelligent vision technology to service customers that provide holographic advanced driver assistance systems.