WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Sees Large Decrease in Short Interest

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 1,090,000 shares, a decrease of 42.0% from the June 30th total of 1,880,000 shares. Based on an average daily volume of 1,790,000 shares, the short-interest ratio is presently 0.6 days.

WiMi Hologram Cloud Trading Up 2.3 %

Shares of WIMI traded up $0.02 during mid-day trading on Friday, reaching $0.87. 117,493 shares of the company’s stock traded hands, compared to its average volume of 331,291. The company has a current ratio of 3.67, a quick ratio of 3.67 and a debt-to-equity ratio of 0.05. The stock’s 50-day moving average is $0.86 and its two-hundred day moving average is $0.89. WiMi Hologram Cloud has a 12 month low of $0.56 and a 12 month high of $1.87.

Hedge Funds Weigh In On WiMi Hologram Cloud

An institutional investor recently raised its position in WiMi Hologram Cloud stock. Vontobel Holding Ltd. lifted its stake in shares of WiMi Hologram Cloud Inc. (NASDAQ:WIMI) by 32.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 64,099 shares of the company’s stock after acquiring an additional 15,808 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.07% of WiMi Hologram Cloud worth $52,000 at the end of the most recent reporting period. 0.96% of the stock is owned by institutional investors and hedge funds.

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.