WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Short Interest Up 54.5% in September

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,080,000 shares, an increase of 54.5% from the September 15th total of 698,900 shares. Based on an average trading volume of 357,000 shares, the short-interest ratio is presently 3.0 days.

WiMi Hologram Cloud Price Performance

Shares of WIMI traded down $0.02 during mid-day trading on Monday, hitting $0.93. 247,685 shares of the company’s stock traded hands, compared to its average volume of 1,772,434. The business’s 50-day moving average price is $0.83 and its 200-day moving average price is $0.85. WiMi Hologram Cloud has a 1 year low of $0.56 and a 1 year high of $1.87.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in WiMi Hologram Cloud stock. Virtu Financial LLC acquired a new stake in shares of WiMi Hologram Cloud Inc. (NASDAQ:WIMI) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 46,221 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned approximately 0.05% of WiMi Hologram Cloud as of its most recent filing with the Securities and Exchange Commission. 0.96% of the stock is owned by hedge funds and other institutional investors.

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.