Short Interest in MicroCloud Hologram Inc. (NASDAQ:HOLO) Rises By 104.3%

MicroCloud Hologram logo with Business Services background

MicroCloud Hologram Inc. (NASDAQ:HOLO - Get Free Report) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 5,640,000 shares, an increase of 104.3% from the December 31st total of 2,760,000 shares. Based on an average daily volume of 13,830,000 shares, the short-interest ratio is presently 0.4 days. Currently, 27.6% of the company's shares are short sold.

Institutional Trading of MicroCloud Hologram

A hedge fund recently raised its stake in MicroCloud Hologram stock. Jane Street Group LLC lifted its holdings in MicroCloud Hologram Inc. (NASDAQ:HOLO - Free Report) by 336.3% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 422,656 shares of the company's stock after purchasing an additional 325,785 shares during the period. Jane Street Group LLC owned approximately 0.52% of MicroCloud Hologram worth $152,000 at the end of the most recent reporting period. 2.13% of the stock is owned by hedge funds and other institutional investors.

MicroCloud Hologram Stock Performance

Shares of NASDAQ HOLO traded up $0.15 during mid-day trading on Tuesday, reaching $1.59. 21,078,285 shares of the company's stock were exchanged, compared to its average volume of 36,327,555. The company's 50-day moving average is $2.15 and its 200-day moving average is $4.53. MicroCloud Hologram has a 52-week low of $1.23 and a 52-week high of $1,968.00.

MicroCloud Hologram Company Profile

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in MicroCloud Hologram Right Now?

Before you consider MicroCloud Hologram, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MicroCloud Hologram wasn't on the list.

While MicroCloud Hologram currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Super Bowl Betting Boom: What It Means for Casino Stock Investors
AMD Stock’s Big Drop: Buy the Dip or More Pain Ahead?
Index Investing for Beginners

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines