MicroCloud Hologram Inc. (NASDAQ:HOLO) Short Interest Up 51.4% in October

MicroCloud Hologram Inc. (NASDAQ:HOLO - Get Free Report) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 1,310,000 shares, a growth of 51.4% from the October 15th total of 865,000 shares. Based on an average daily volume of 3,950,000 shares, the days-to-cover ratio is presently 0.3 days. Currently, 6.4% of the company's shares are short sold.

Hedge Funds Weigh In On MicroCloud Hologram

Institutional investors and hedge funds have recently modified their holdings of the business. XTX Topco Ltd boosted 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 acquiring an additional 163,641 shares in the last quarter. Jane Street Group LLC lifted its position in MicroCloud Hologram by 336.3% in the 3rd 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. Commonwealth Equity Services LLC boosted its position in shares of MicroCloud Hologram by 1,122.9% during the second quarter. Commonwealth Equity Services LLC now owns 428,000 shares of the company's stock valued at $351,000 after buying an additional 393,000 shares during the last quarter. Finally, BNP Paribas Financial Markets bought a new stake in MicroCloud Hologram during the first quarter worth $27,000. 2.13% of the stock is currently owned by institutional investors.

MicroCloud Hologram Stock Down 7.3 %

Shares of MicroCloud Hologram stock traded down $0.19 on Friday, hitting $2.42. 2,265,542 shares of the company's stock traded hands, compared to its average volume of 1,703,838. The company has a fifty day moving average of $4.49 and a two-hundred day moving average of $15.16. MicroCloud Hologram has a one year low of $2.40 and a one year high of $1,968.00.

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.