Short Interest in WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Rises By 57.0%

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 7,220,000 shares, a growth of 57.0% from the January 15th total of 4,600,000 shares. Based on an average trading volume of 7,550,000 shares, the days-to-cover ratio is currently 1.0 days.

Hedge Funds Weigh In On WiMi Hologram Cloud

A number of institutional investors and hedge funds have recently bought and sold shares of WIMI. Commonwealth Equity Services LLC bought a new stake in shares of WiMi Hologram Cloud during the 4th quarter worth about $33,000. Private Advisor Group LLC bought a new stake in WiMi Hologram Cloud during the fourth quarter worth approximately $54,000. Bravias Capital Group LLC bought a new stake in WiMi Hologram Cloud during the fourth quarter worth approximately $61,000. Virtu Financial LLC boosted its stake in WiMi Hologram Cloud by 97.9% during the 3rd quarter. Virtu Financial LLC now owns 61,676 shares of the company’s stock valued at $64,000 after purchasing an additional 30,512 shares in the last quarter. Finally, Symmetry Peak Management LLC bought a new position in WiMi Hologram Cloud during the 3rd quarter valued at $76,000. Institutional investors own 0.96% of the company’s stock.

WiMi Hologram Cloud Price Performance

NASDAQ:WIMI opened at $0.89 on Thursday. WiMi Hologram Cloud has a 1 year low of $0.63 and a 1 year high of $2.92. The business has a fifty day moving average of $1.14 and a 200-day moving average of $0.94.

About WiMi Hologram Cloud

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.