WiMi Hologram Cloud Inc. (NASDAQ:WIMI - Get Free Report) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 3,390,000 shares, a decline of 25.8% from the February 28th total of 4,570,000 shares. Based on an average daily volume of 9,080,000 shares, the short-interest ratio is presently 0.4 days. Currently, 6.1% of the company's shares are short sold.
Hedge Funds Weigh In On WiMi Hologram Cloud
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Two Sigma Investments LP bought a new position in shares of WiMi Hologram Cloud in the 4th quarter valued at about $45,000. Cubist Systematic Strategies LLC acquired a new stake in shares of WiMi Hologram Cloud in the 4th quarter valued at $91,000. Two Sigma Securities LLC boosted its stake in WiMi Hologram Cloud by 83.9% in the fourth quarter. Two Sigma Securities LLC now owns 85,868 shares of the company's stock valued at $159,000 after buying an additional 39,176 shares in the last quarter. Stifel Financial Corp bought a new position in WiMi Hologram Cloud in the fourth quarter valued at about $142,000. Finally, Marshall Wace LLP acquired a new position in WiMi Hologram Cloud during the fourth quarter worth about $169,000. 0.96% of the stock is owned by institutional investors and hedge funds.
WiMi Hologram Cloud Stock Down 9.9 %
Shares of WIMI stock traded down $0.08 during trading hours on Wednesday, reaching $0.77. 5,607,953 shares of the company's stock were exchanged, compared to its average volume of 3,377,862. WiMi Hologram Cloud has a fifty-two week low of $0.63 and a fifty-two week high of $2.92. The business has a fifty day moving average price of $0.87 and a 200-day moving average price of $0.96.
WiMi Hologram Cloud Company Profile
(
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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.
Further Reading
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