Short Interest in MicroCloud Hologram Inc. (NASDAQ:HOLO) Expands By 38.0%

MicroCloud Hologram Inc. (NASDAQ:HOLO - Get Free Report) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 2,760,000 shares, an increase of 38.0% from the November 30th total of 2,000,000 shares. Based on an average trading volume of 4,360,000 shares, the short-interest ratio is currently 0.6 days. Approximately 13.5% of the company's stock are sold short.

Institutional Trading of MicroCloud Hologram

Several institutional investors have recently bought and sold shares of the company. XTX Topco Ltd raised its holdings in MicroCloud Hologram by 1,488.2% in the third quarter. XTX Topco Ltd now owns 174,637 shares of the company's stock worth $63,000 after buying an additional 163,641 shares during the last quarter. Jane Street Group LLC increased its position in shares of MicroCloud Hologram by 336.3% during the third quarter. Jane Street Group LLC now owns 422,656 shares of the company's stock valued at $152,000 after acquiring an additional 325,785 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in MicroCloud Hologram by 1,122.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 428,000 shares of the company's stock worth $351,000 after acquiring an additional 393,000 shares during the last quarter. 2.13% of the stock is owned by hedge funds and other institutional investors.

MicroCloud Hologram Price Performance

Shares of NASDAQ:HOLO traded up $4.01 on Monday, hitting $6.41. 219,059,813 shares of the company traded hands, compared to its average volume of 3,070,261. The stock has a 50 day simple moving average of $2.35 and a 200-day simple moving average of $7.11. MicroCloud Hologram has a 52 week low of $1.23 and a 52 week high of $1,968.00.

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.