Short Interest in MicroCloud Hologram Inc. (NASDAQ:HOLO) Expands By 104.3%

MicroCloud Hologram Inc. (NASDAQ:HOLO) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 5,640,000 shares, a growth of 104.3% from the December 15th total of 2,760,000 shares. Approximately 27.6% of the shares of the stock are sold short. Based on an average daily volume of 13,830,000 shares, the days-to-cover ratio is presently 0.4 days.

MicroCloud Hologram Price Performance

HOLO stock traded down $0.07 during mid-day trading on Thursday, hitting $1.82. The stock had a trading volume of 66,140,040 shares, compared to its average volume of 32,903,012. The firm has a fifty day simple moving average of $2.36 and a 200 day simple moving average of $5.81. MicroCloud Hologram has a 52 week low of $1.23 and a 52 week high of $1,968.00.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. XTX Topco Ltd boosted its holdings in shares of MicroCloud Hologram by 1,488.2% in the 3rd quarter. XTX Topco Ltd now owns 174,637 shares of the company’s stock valued at $63,000 after purchasing an additional 163,641 shares in the last quarter. Jane Street Group LLC lifted its position in shares of MicroCloud Hologram by 336.3% during the 3rd quarter. Jane Street Group LLC now owns 422,656 shares of the company’s stock worth $152,000 after buying an additional 325,785 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in MicroCloud Hologram by 1,122.9% in the second quarter. Commonwealth Equity Services LLC now owns 428,000 shares of the company’s stock valued at $351,000 after buying an additional 393,000 shares in the last quarter. 2.13% of the stock is currently owned by institutional investors and hedge funds.

MicroCloud Hologram Company Profile

MicroCloud Hologram Inc provides holographic technology services worldwide. It operates in two segments, Holographic Solutions and Holographic Technology Service. Its services include holographic light detection and ranging (LiDAR) solutions based on holographic technology, holographic LiDAR point cloud algorithms architecture design, technical holographic imaging solutions, holographic LiDAR sensor chip design, and holographic vehicle intelligent vision technology to service customers that provide holographic advanced driver assistance systems.