MicroCloud Hologram Inc. (NASDAQ:HOLO) Short Interest Update

MicroCloud Hologram Inc. (NASDAQ:HOLO) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 7,950,000 shares, a growth of 28.6% from the January 31st total of 6,180,000 shares. Currently, 38.9% of the shares of the company are sold short. Based on an average trading volume of 28,790,000 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On MicroCloud Hologram

Hedge funds have recently modified their holdings of the business. Virtu Financial LLC bought a new position in MicroCloud Hologram in the fourth quarter worth $53,000. XTX Topco Ltd lifted its position in MicroCloud Hologram by 1,488.2% in the third quarter. XTX Topco Ltd now owns 174,637 shares of the company’s stock worth $63,000 after purchasing an additional 163,641 shares during the period. Jane Street Group LLC lifted its position in MicroCloud Hologram by 336.3% in the third 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 during the period. Bravias Capital Group LLC bought a new position in MicroCloud Hologram in the fourth quarter worth $162,000. Finally, SBI Securities Co. Ltd. bought a new position in MicroCloud Hologram in the fourth quarter worth $232,000. 2.13% of the stock is owned by institutional investors.

MicroCloud Hologram Stock Up 12.6 %

Shares of HOLO traded up $0.12 during mid-day trading on Tuesday, hitting $1.07. The company’s stock had a trading volume of 20,385,149 shares, compared to its average volume of 35,340,887. MicroCloud Hologram has a one year low of $0.92 and a one year high of $184.00. The stock’s 50-day moving average is $1.98 and its two-hundred day moving average is $3.53.

About MicroCloud Hologram

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.