WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Sees Significant Decrease in Short Interest

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totalling 698,900 shares, a decrease of 42.7% from the August 31st total of 1,220,000 shares. Based on an average daily volume of 320,300 shares, the short-interest ratio is currently 2.2 days.

Hedge Funds Weigh In On WiMi Hologram Cloud

An institutional investor recently bought a new position in WiMi Hologram Cloud stock. XTX Topco Ltd acquired a new position in WiMi Hologram Cloud Inc. (NASDAQ:WIMI) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 53,901 shares of the company’s stock, valued at approximately $45,000. XTX Topco Ltd owned approximately 0.06% of WiMi Hologram Cloud as of its most recent SEC filing. 0.96% of the stock is owned by hedge funds and other institutional investors.

WiMi Hologram Cloud Price Performance

WIMI stock opened at $0.84 on Thursday. The business has a 50-day moving average of $0.80 and a 200-day moving average of $0.86. WiMi Hologram Cloud has a fifty-two week low of $0.56 and a fifty-two week high of $1.87. The company has a quick ratio of 3.67, a current ratio of 3.67 and a debt-to-equity ratio of 0.05.

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.