MicroCloud Hologram Inc. (NASDAQ:HOLO - Get Free Report) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 6,180,000 shares, an increase of 103.3% from the January 15th total of 3,040,000 shares. Currently, 30.2% of the company's stock are short sold. Based on an average daily volume of 22,350,000 shares, the days-to-cover ratio is presently 0.3 days.
MicroCloud Hologram Trading Down 7.1 %
Shares of NASDAQ HOLO traded down $0.10 during midday trading on Monday, hitting $1.30. The stock had a trading volume of 15,981,550 shares, compared to its average volume of 32,628,698. The business's 50 day moving average is $2.05 and its 200-day moving average is $4.00. MicroCloud Hologram has a 52 week low of $1.20 and a 52 week high of $1,968.00.
Hedge Funds Weigh In On MicroCloud Hologram
Several hedge funds and other institutional investors have recently added to or reduced their stakes in HOLO. Virtu Financial LLC bought a new stake in shares of MicroCloud Hologram in the 4th quarter worth $53,000. Bravias Capital Group LLC bought a new stake in MicroCloud Hologram in the 4th quarter worth about $162,000. SBI Securities Co. Ltd. purchased a new position in MicroCloud Hologram in the 4th quarter worth about $232,000. XTX Topco Ltd lifted its stake in MicroCloud Hologram by 1,488.2% during the 3rd quarter. XTX Topco Ltd now owns 174,637 shares of the company's stock valued at $63,000 after acquiring an additional 163,641 shares during the period. Finally, Jane Street Group LLC lifted its stake in MicroCloud Hologram by 336.3% during 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 during the period. 2.13% of the stock is owned by institutional investors.
About MicroCloud Hologram
(
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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.
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