WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Short Interest Update

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) saw a large drop in short interest in the month of 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 company’s stock are sold short. Based on an average daily trading volume, of 9,080,000 shares, the short-interest ratio is presently 0.4 days.

WiMi Hologram Cloud Stock Performance

Shares of WIMI stock opened at $0.90 on Monday. The firm has a fifty day simple moving average of $0.87 and a two-hundred day simple moving average of $0.96. WiMi Hologram Cloud has a 12 month low of $0.63 and a 12 month high of $2.92.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Garden State Investment Advisory Services LLC bought a new position in shares of WiMi Hologram Cloud during the 3rd quarter valued at approximately $178,000. Symmetry Peak Management LLC bought a new position in WiMi Hologram Cloud during the third quarter valued at $76,000. Virtu Financial LLC increased its position in WiMi Hologram Cloud by 97.9% in the third quarter. Virtu Financial LLC now owns 61,676 shares of the company’s stock worth $64,000 after buying an additional 30,512 shares during the last quarter. Private Advisor Group LLC bought a new stake in shares of WiMi Hologram Cloud in the fourth quarter valued at $54,000. Finally, SBI Securities Co. Ltd. purchased a new position in shares of WiMi Hologram Cloud during the 4th quarter valued at $190,000. 0.96% of the stock is owned by institutional investors.

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.