WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Short Interest Update

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

WiMi Hologram Cloud Stock Performance

WiMi Hologram Cloud stock opened at $1.11 on Tuesday. WiMi Hologram Cloud has a fifty-two week low of $0.61 and a fifty-two week high of $2.92. The firm’s fifty day moving average price is $1.06 and its 200-day moving average price is $0.92.

Institutional Investors Weigh In On WiMi Hologram Cloud

A number of large investors have recently added to or reduced their stakes in WIMI. XTX Topco Ltd purchased a new position in shares of WiMi Hologram Cloud in the 2nd quarter worth about $45,000. Garden State Investment Advisory Services LLC purchased a new position in shares of WiMi Hologram Cloud during the 3rd quarter valued at about $178,000. Symmetry Peak Management LLC bought a new stake in WiMi Hologram Cloud in the 3rd quarter worth approximately $76,000. Finally, Virtu Financial LLC boosted its stake in 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 buying an additional 30,512 shares in the last quarter. Hedge funds and other institutional investors own 0.96% of the company’s stock.

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.