MicroCloud Hologram Inc. (NASDAQ:HOLO) Short Interest Up 51.4% in October

MicroCloud Hologram Inc. (NASDAQ:HOLO) saw a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,310,000 shares, an increase of 51.4% from the October 15th total of 865,000 shares. Based on an average trading volume of 3,950,000 shares, the short-interest ratio is presently 0.3 days. Approximately 6.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. XTX Topco Ltd grew its position in 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 buying an additional 163,641 shares in the last quarter. Jane Street Group LLC increased its stake in MicroCloud Hologram by 336.3% in the 3rd quarter. Jane Street Group LLC now owns 422,656 shares of the company’s stock worth $152,000 after purchasing an additional 325,785 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in MicroCloud Hologram by 1,122.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 428,000 shares of the company’s stock valued at $351,000 after acquiring an additional 393,000 shares in the last quarter. Finally, BNP Paribas Financial Markets purchased a new position in MicroCloud Hologram during the 1st quarter valued at about $27,000. 2.13% of the stock is owned by institutional investors and hedge funds.

MicroCloud Hologram Price Performance

MicroCloud Hologram stock traded down $0.19 during trading on Friday, reaching $2.42. The company had a trading volume of 2,265,542 shares, compared to its average volume of 1,703,838. MicroCloud Hologram has a 12-month low of $2.40 and a 12-month high of $1,968.00. The stock’s 50 day moving average price is $4.49 and its two-hundred day moving average price is $15.16.

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.