Short Interest in WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Expands By 31.5%

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) was the recipient of a significant increase in short interest in August. As of August 15th, there was short interest totalling 1,100,000 shares, an increase of 31.5% from the July 31st total of 836,500 shares. Based on an average daily trading volume, of 1,390,000 shares, the days-to-cover ratio is currently 0.8 days.

Hedge Funds Weigh In On WiMi Hologram Cloud

An institutional investor recently bought a new position in WiMi Hologram Cloud stock. Virtu Financial LLC purchased a new stake in WiMi Hologram Cloud Inc. (NASDAQ:WIMI) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and 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 at the end of the most recent reporting period. 0.96% of the stock is owned by institutional investors.

WiMi Hologram Cloud Stock Performance

WiMi Hologram Cloud stock opened at $0.79 on Friday. The company has a 50 day moving average of $0.82 and a 200-day moving average of $0.90. The company has a current ratio of 3.67, a quick ratio of 3.67 and a debt-to-equity ratio of 0.05. WiMi Hologram Cloud has a twelve month low of $0.56 and a twelve month high of $1.87.

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.