MicroCloud Hologram Inc. (NASDAQ:HOLO) Short Interest Up 38.0% in December

MicroCloud Hologram Inc. (NASDAQ:HOLO) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 2,760,000 shares, a growth of 38.0% from the November 30th total of 2,000,000 shares. Currently, 13.5% of the company’s stock are short sold. Based on an average daily volume of 4,360,000 shares, the short-interest ratio is presently 0.6 days.

MicroCloud Hologram Price Performance

Shares of MicroCloud Hologram stock traded up $4.01 during trading on Monday, hitting $6.41. 219,059,813 shares of the stock were exchanged, compared to its average volume of 3,070,261. MicroCloud Hologram has a 12-month low of $1.23 and a 12-month high of $1,968.00. The firm’s 50-day moving average price is $2.35 and its 200 day moving average price is $7.11.

Hedge Funds Weigh In On MicroCloud Hologram

Several hedge funds have recently added to or reduced their stakes in HOLO. XTX Topco Ltd boosted its holdings in shares of 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 boosted its stake in MicroCloud Hologram by 336.3% in the third quarter. Jane Street Group LLC now owns 422,656 shares of the company’s stock valued at $152,000 after acquiring an additional 325,785 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of MicroCloud Hologram by 1,122.9% during the second quarter. Commonwealth Equity Services LLC now owns 428,000 shares of the company’s stock worth $351,000 after purchasing an additional 393,000 shares during the last quarter. 2.13% of the stock is currently owned by hedge funds and other institutional investors.

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.