Short Interest in WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Expands By 53.1%

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) saw a large increase in short interest in June. As of June 15th, there was short interest totalling 1,400,000 shares, an increase of 53.1% from the May 31st total of 914,600 shares. Based on an average daily trading volume, of 1,860,000 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of WiMi Hologram Cloud

A hedge fund recently raised its stake in WiMi Hologram Cloud stock. Vontobel Holding Ltd. grew its holdings in WiMi Hologram Cloud Inc. (NASDAQ:WIMI) by 32.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,099 shares of the company’s stock after purchasing an additional 15,808 shares during the period. Vontobel Holding Ltd. owned about 0.07% of WiMi Hologram Cloud worth $52,000 as of its most recent SEC filing. 0.96% of the stock is currently owned by institutional investors and hedge funds.

WiMi Hologram Cloud Stock Performance

WIMI stock opened at $0.84 on Friday. WiMi Hologram Cloud has a twelve month low of $0.56 and a twelve month high of $1.87. The company has a quick ratio of 3.67, a current ratio of 3.67 and a debt-to-equity ratio of 0.05. The business has a 50 day moving average of $0.89 and a 200 day moving average of $0.87.

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.