MicroCloud Hologram Inc. (NASDAQ:HOLO) Short Interest Up 104.3% in January

Posted by Caroline Horne on Jan 29th, 2025

MicroCloud Hologram Inc. (NASDAQ:HOLO – Get Free Report) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 5,640,000 shares, a growth of 104.3% from the December 31st total of 2,760,000 shares. Based on an average daily volume of 13,830,000 shares, the short-interest ratio is currently 0.4 days. Approximately 27.6% of the shares of the company are sold short.

MicroCloud Hologram Stock Performance

NASDAQ:HOLO traded down $0.24 during mid-day trading on Wednesday, hitting $1.72. 18,619,732 shares of the company traded hands, compared to its average volume of 39,989,191. The stock’s fifty day moving average price is $2.19 and its 200-day moving average price is $4.82. MicroCloud Hologram has a one year low of $1.23 and a one year high of $1,968.00.

Institutional Trading of MicroCloud Hologram

An institutional investor recently raised its position in MicroCloud Hologram stock. XTX Topco Ltd raised its stake in shares of MicroCloud Hologram Inc. (NASDAQ:HOLO – Free Report) by 1,488.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 174,637 shares of the company’s stock after purchasing an additional 163,641 shares during the period. XTX Topco Ltd owned 0.21% of MicroCloud Hologram worth $63,000 as of its most recent SEC filing. Institutional investors and hedge funds own 2.13% of the company’s stock.

MicroCloud Hologram Company Profile

(Get Free Report)

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.