WiMi Hologram Cloud Inc. (NASDAQ:WIMI – Get Free Report) was the target of a large increase in short interest in 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 volume of 6,050,000 shares, the days-to-cover ratio is presently 0.6 days.
WiMi Hologram Cloud Stock Down 8.6 %
WIMI stock opened at $1.11 on Tuesday. WiMi Hologram Cloud has a twelve month low of $0.61 and a twelve month high of $2.92. The stock has a 50-day simple moving average of $1.06 and a two-hundred day simple moving average of $0.92.
Hedge Funds Weigh In On WiMi Hologram Cloud
Several hedge funds have recently bought and sold shares of WIMI. Virtu Financial LLC lifted its stake in WiMi Hologram Cloud by 97.9% in the 3rd quarter. Virtu Financial LLC now owns 61,676 shares of the company’s stock worth $64,000 after purchasing an additional 30,512 shares in the last quarter. Symmetry Peak Management LLC purchased a new stake in shares of WiMi Hologram Cloud in the third quarter worth $76,000. Garden State Investment Advisory Services LLC purchased a new stake in shares of WiMi Hologram Cloud in the third quarter worth $178,000. Finally, XTX Topco Ltd bought a new stake in WiMi Hologram Cloud during the second quarter valued at $45,000. Hedge funds and other institutional investors own 0.96% of the company’s stock.
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.
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