MicroCloud Hologram Inc. (NASDAQ:HOLO) Short Interest Up 129.8% in June

MicroCloud Hologram Inc. (NASDAQ:HOLO) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 2,780,000 shares, a growth of 129.8% from the May 31st total of 1,210,000 shares. Based on an average daily trading volume, of 14,210,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 11.1% of the company’s shares are sold short.

MicroCloud Hologram Stock Performance

Shares of NASDAQ HOLO opened at $0.82 on Friday. MicroCloud Hologram has a 12 month low of $0.76 and a 12 month high of $113.00. The firm has a fifty day simple moving average of $1.75 and a two-hundred day simple moving average of $5.28.

Institutional Trading of MicroCloud Hologram

An institutional investor recently bought a new position in MicroCloud Hologram stock. BNP Paribas Financial Markets purchased a new stake in shares of MicroCloud Hologram Inc. (NASDAQ:HOLO) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 6,981 shares of the company’s stock, valued at approximately $27,000. BNP Paribas Financial Markets owned about 0.12% of MicroCloud Hologram as of its most recent SEC filing. 2.13% of the stock is currently owned by hedge funds and other institutional investors.

MicroCloud Hologram Company Profile

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.