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

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 547,400 shares, anincreaseof42,007.7% from the June 30th total of 1,300 shares. Currently,8.1% of the company’s shares are sold short. Based on an average daily trading volume, of 448,700 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily trading volume, of 448,700 shares, the days-to-cover ratio is currently 1.2 days. Currently,8.1% of the company’s shares are sold short.

Institutional Investors Weigh In On WiMi Hologram Cloud

A number of hedge funds have recently modified their holdings of the company. Commonwealth Equity Services LLC purchased a new stake in shares of WiMi Hologram Cloud in the fourth quarter valued at about $33,000. Two Sigma Investments LP purchased a new stake in shares of WiMi Hologram Cloud in the 4th quarter valued at approximately $45,000. Two Sigma Securities LLC grew its stake in shares of WiMi Hologram Cloud by 83.9% in the 4th 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 during the period. Cubist Systematic Strategies LLC purchased a new stake in shares of WiMi Hologram Cloud in the 4th quarter valued at approximately $91,000. Finally, Stifel Financial Corp purchased a new stake in shares of WiMi Hologram Cloud in the 4th quarter valued at approximately $142,000. Hedge funds and other institutional investors own 0.96% of the company’s stock.

WiMi Hologram Cloud Stock Performance

Shares of NASDAQ:WIMI opened at $3.30 on Friday. The business has a fifty day moving average of $3.13 and a two-hundred day moving average of $9.38. WiMi Hologram Cloud has a 52-week low of $2.24 and a 52-week high of $58.40.

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.