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

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 359,943 shares, an increase of 51.9% from the January 15th total of 236,983 shares. Currently, 5.7% of the company’s shares are short sold. Based on an average daily volume of 127,571 shares, the short-interest ratio is presently 2.8 days. Based on an average daily volume of 127,571 shares, the short-interest ratio is presently 2.8 days. Currently, 5.7% of the company’s shares are short sold.

WiMi Hologram Cloud Trading Up 0.6%

WIMI stock opened at $1.82 on Friday. The firm has a 50 day moving average price of $2.58 and a 200-day moving average price of $3.38. WiMi Hologram Cloud has a 52-week low of $1.76 and a 52-week high of $28.60.

WiMi Hologram Cloud (NASDAQ:WIMI) last posted its quarterly earnings results on Friday, September 26th. The company reported $4.54 earnings per share for the quarter. The company had revenue of $13.14 million during the quarter.

Hedge Funds Weigh In On WiMi Hologram Cloud

An institutional investor recently bought a new position in WiMi Hologram Cloud stock. Jump Financial LLC acquired a new stake in shares of WiMi Hologram Cloud Inc. (NASDAQ:WIMI) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 39,512 shares of the company’s stock, valued at approximately $109,000. Jump Financial LLC owned approximately 0.40% of WiMi Hologram Cloud as of its most recent filing with the Securities and Exchange Commission. 0.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of WiMi Hologram Cloud in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

WiMi Hologram Cloud Company Profile

WiMi Hologram Cloud Inc is a technology company specializing in the development and delivery of cloud-based holographic augmented reality (AR) solutions. Its core offering is a proprietary holographic cloud platform that integrates advanced computer vision, artificial intelligence and 3D rendering algorithms to power immersive AR experiences. The company’s services span content creation, distribution and deployment, enabling enterprises and developers to integrate holographic effects into applications ranging from live streaming and virtual events to interactive advertising campaigns.

Through its platform, WiMi Hologram Cloud distributes a digital library of holographic assets—such as 3D models, animations and special effects—that can be accessed on demand.