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

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,550,000 shares, an increase of 1,176.1% from the December 15th total of 278,200 shares. Based on an average daily trading volume, of 6,050,000 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of WiMi Hologram Cloud

A number of large investors have recently modified their holdings of WIMI. 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 position in WiMi Hologram Cloud by 97.9% during the third quarter. Virtu Financial LLC now owns 61,676 shares of the company’s stock valued at $64,000 after buying an additional 30,512 shares during the period. Symmetry Peak Management LLC purchased a new stake in WiMi Hologram Cloud in the third quarter worth about $76,000. Finally, Garden State Investment Advisory Services LLC bought a new stake in WiMi Hologram Cloud in the third quarter worth $178,000. Institutional investors own 0.96% of the company’s stock.

WiMi Hologram Cloud Trading Down 8.6 %

Shares of WIMI stock traded down $0.11 during trading hours on Monday, hitting $1.11. 4,225,700 shares of the company were exchanged, compared to its average volume of 11,287,534. WiMi Hologram Cloud has a 52-week low of $0.61 and a 52-week high of $2.92. The firm has a fifty day simple moving average of $1.06 and a 200 day simple moving average of $0.92.

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.