Short Interest in WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Decreases By 59.9%

WiMi Hologram Cloud Inc. (NASDAQ:WIMI - Get Free Report) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 278,200 shares, a decline of 59.9% from the November 30th total of 693,000 shares. Based on an average daily trading volume, of 1,600,000 shares, the days-to-cover ratio is presently 0.2 days.

WiMi Hologram Cloud Stock Up 77.5 %

NASDAQ WIMI traded up $1.00 on Friday, reaching $2.29. 128,806,164 shares of the company's stock traded hands, compared to its average volume of 2,402,010. WiMi Hologram Cloud has a 12 month low of $0.61 and a 12 month high of $2.77. The stock has a 50-day simple moving average of $0.91 and a 200 day simple moving average of $0.86.

Institutional Investors Weigh In On WiMi Hologram Cloud

A number of institutional investors have recently made changes to their positions in WIMI. Garden State Investment Advisory Services LLC bought a new stake in WiMi Hologram Cloud in the third quarter worth $178,000. Symmetry Peak Management LLC bought a new stake in shares of WiMi Hologram Cloud in the 3rd quarter valued at about $76,000. Virtu Financial LLC lifted its stake in shares of WiMi Hologram Cloud by 97.9% in the 3rd quarter. Virtu Financial LLC now owns 61,676 shares of the company's stock valued at $64,000 after acquiring an additional 30,512 shares during the last quarter. Finally, XTX Topco Ltd purchased a new stake in WiMi Hologram Cloud during the 2nd quarter valued at about $45,000. Hedge funds and other institutional investors own 0.96% of the company's stock.

WiMi Hologram Cloud Company Profile

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.