WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Short Interest Update

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 7,220,000 shares, a growth of 57.0% from the January 15th total of 4,600,000 shares. Based on an average daily trading volume, of 7,550,000 shares, the days-to-cover ratio is presently 1.0 days.

WiMi Hologram Cloud Price Performance

Shares of NASDAQ:WIMI traded up $0.06 during midday trading on Friday, reaching $1.02. 3,152,983 shares of the company were exchanged, compared to its average volume of 5,168,696. The business’s fifty day moving average is $1.15 and its two-hundred day moving average is $0.95. WiMi Hologram Cloud has a one year low of $0.63 and a one year high of $2.92.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Garden State Investment Advisory Services LLC bought a new stake in shares of WiMi Hologram Cloud in the third quarter worth about $178,000. Symmetry Peak Management LLC bought a new stake in WiMi Hologram Cloud in the 3rd quarter worth approximately $76,000. Virtu Financial LLC raised its holdings in shares of 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 shares of WiMi Hologram Cloud during the 4th quarter worth approximately $54,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of WiMi Hologram Cloud during the 4th quarter valued at approximately $190,000. Institutional investors own 0.96% of the company’s stock.

About WiMi Hologram Cloud

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.