WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Short Interest Up 102.9% in February

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 446,801 shares, an increase of 102.9% from the February 12th total of 220,216 shares. Based on an average daily volume of 45,377 shares, the short-interest ratio is presently 9.8 days. Currently, 7.1% of the shares of the stock are sold short. Currently, 7.1% of the shares of the stock are sold short. Based on an average daily volume of 45,377 shares, the short-interest ratio is presently 9.8 days.

WiMi Hologram Cloud Price Performance

Shares of NASDAQ WIMI opened at $2.02 on Thursday. WiMi Hologram Cloud has a twelve month low of $1.70 and a twelve month high of $23.40. The firm has a 50-day moving average of $2.24 and a two-hundred day moving average of $3.15.

Institutional Trading of WiMi Hologram Cloud

An institutional investor recently bought a new position in WiMi Hologram Cloud stock. Jump Financial LLC bought a new position 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 (SEC). The firm bought 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 (SEC). Institutional investors own 0.96% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of WiMi Hologram Cloud in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, WiMi Hologram Cloud presently has an average rating of “Sell”.

About WiMi Hologram Cloud

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.