WiMi Hologram Cloud Inc. (NASDAQ:WIMI – Get Free Report) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 3,390,000 shares, a drop of 25.8% from the February 28th total of 4,570,000 shares. Approximately 6.1% of the shares of the stock are short sold. Based on an average trading volume of 9,080,000 shares, the days-to-cover ratio is currently 0.4 days.
WiMi Hologram Cloud Trading Up 6.1 %
Shares of WIMI stock opened at $0.90 on Friday. The business’s 50 day simple moving average is $0.87 and its 200 day simple moving average is $0.96. WiMi Hologram Cloud has a one year low of $0.63 and a one year high of $2.92.
Institutional Investors Weigh In On WiMi Hologram Cloud
Several large investors have recently added to or reduced their stakes in WIMI. Commonwealth Equity Services LLC bought a new stake in WiMi Hologram Cloud in the fourth quarter valued at $33,000. Two Sigma Investments LP bought a new position in WiMi Hologram Cloud in the fourth quarter worth approximately $45,000. Private Advisor Group LLC acquired a new stake in WiMi Hologram Cloud in the fourth quarter valued at approximately $54,000. Bravias Capital Group LLC bought a new stake in shares of WiMi Hologram Cloud during the fourth quarter valued at approximately $61,000. Finally, Virtu Financial LLC raised its position in shares of WiMi Hologram Cloud by 97.9% during the third quarter. Virtu Financial LLC now owns 61,676 shares of the company’s stock worth $64,000 after purchasing an additional 30,512 shares during the period. Institutional investors and hedge funds 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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