WiMi Hologram Cloud Target of Unusually Large Options Trading (NASDAQ:WIMI)

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) was the target of unusually large options trading on Thursday. Investors purchased 2,295 call options on the stock. This represents an increase of approximately 84% compared to the average daily volume of 1,244 call options.

Institutional Investors Weigh In On WiMi Hologram Cloud

A number of hedge funds have recently made changes to their positions in the business. XTX Topco Ltd purchased a new stake in WiMi Hologram Cloud during the second quarter valued at about $45,000. Virtu Financial LLC lifted its holdings in WiMi Hologram Cloud by 97.9% during the 3rd quarter. Virtu Financial LLC now owns 61,676 shares of the company’s stock worth $64,000 after purchasing an additional 30,512 shares in the last quarter. Garden State Investment Advisory Services LLC bought a new position in WiMi Hologram Cloud in the 3rd quarter worth about $178,000. Finally, Symmetry Peak Management LLC purchased a new position in WiMi Hologram Cloud during the 3rd quarter valued at about $76,000. 0.96% of the stock is currently owned by institutional investors.

WiMi Hologram Cloud Price Performance

Shares of NASDAQ WIMI traded down $0.02 during midday trading on Thursday, reaching $1.83. The company’s stock had a trading volume of 5,724,891 shares, compared to its average volume of 2,648,028. The firm has a 50 day moving average price of $0.98 and a 200-day moving average price of $0.89. WiMi Hologram Cloud has a 12-month low of $0.61 and a 12-month high of $2.92.

WiMi Hologram Cloud Company Profile

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.