WiMi Hologram Cloud Inc. (NASDAQ:WIMI - Get Free Report) was the recipient of a large drop in short interest in February. As of February 15th, there was short interest totalling 4,970,000 shares, a drop of 31.2% from the January 31st total of 7,220,000 shares. Based on an average daily trading volume, of 8,710,000 shares, the short-interest ratio is currently 0.6 days.
Institutional Investors Weigh In On WiMi Hologram Cloud
A number of hedge funds have recently modified their holdings of WIMI. Garden State Investment Advisory Services LLC purchased a new stake in WiMi Hologram Cloud during the third quarter worth about $178,000. Symmetry Peak Management LLC purchased a new position in shares of WiMi Hologram Cloud in the 3rd quarter valued at $76,000. Virtu Financial LLC raised its stake in WiMi Hologram Cloud by 97.9% during the 3rd quarter. Virtu Financial LLC now owns 61,676 shares of the company's stock worth $64,000 after acquiring an additional 30,512 shares in the last quarter. Private Advisor Group LLC purchased a new stake in WiMi Hologram Cloud in the fourth quarter valued at $54,000. Finally, SBI Securities Co. Ltd. acquired a new position in WiMi Hologram Cloud in the fourth quarter valued at $190,000. Hedge funds and other institutional investors own 0.96% of the company's stock.
WiMi Hologram Cloud Trading Down 4.5 %
WiMi Hologram Cloud stock traded down $0.04 during midday trading on Thursday, reaching $0.74. The company had a trading volume of 1,142,861 shares, compared to its average volume of 6,203,820. WiMi Hologram Cloud has a 12-month low of $0.63 and a 12-month high of $2.92. The firm's fifty day simple moving average is $1.13 and its 200-day simple moving average is $0.96.
About WiMi Hologram Cloud
(
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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.
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