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

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 278,200 shares, a drop of 59.9% from the November 30th total of 693,000 shares. Based on an average daily trading volume, of 1,600,000 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On WiMi Hologram Cloud

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Garden State Investment Advisory Services LLC purchased a new position in shares of WiMi Hologram Cloud in the third quarter valued at $178,000. Symmetry Peak Management LLC acquired a new stake in WiMi Hologram Cloud in the 3rd quarter valued at about $76,000. Virtu Financial LLC increased its holdings in WiMi Hologram Cloud by 97.9% during the 3rd quarter. Virtu Financial LLC now owns 61,676 shares of the company’s stock valued at $64,000 after acquiring an additional 30,512 shares in the last quarter. Finally, XTX Topco Ltd acquired a new position in WiMi Hologram Cloud during the second quarter worth about $45,000. 0.96% of the stock is owned by institutional investors and hedge funds.

WiMi Hologram Cloud Trading Up 77.5 %

WIMI stock opened at $2.29 on Friday. The firm has a 50 day moving average of $0.91 and a 200-day moving average of $0.87. WiMi Hologram Cloud has a 12-month low of $0.61 and a 12-month high of $2.77.

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.