Short Interest in WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Declines By 16.4%

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 903,400 shares, a decrease of 16.4% from the September 30th total of 1,080,000 shares. Based on an average daily trading volume, of 325,800 shares, the days-to-cover ratio is presently 2.8 days.

WiMi Hologram Cloud Stock Performance

Shares of WIMI opened at $0.89 on Monday. The firm’s 50-day moving average is $0.87 and its two-hundred day moving average is $0.86. WiMi Hologram Cloud has a twelve month low of $0.56 and a twelve month high of $1.87.

Institutional Trading of WiMi Hologram Cloud

A hedge fund recently bought a new stake in WiMi Hologram Cloud stock. Virtu Financial LLC purchased a new position in shares of WiMi Hologram Cloud Inc. (NASDAQ:WIMI) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 46,221 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned 0.05% of WiMi Hologram Cloud as of its most recent SEC filing. 0.96% of the stock is owned by hedge funds and other institutional investors.

WiMi Hologram Cloud Company Profile

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.