MicroCloud Hologram (NASDAQ:HOLO) Stock Price Down 4.4%

Shares of MicroCloud Hologram Inc. (NASDAQ:HOLO) dropped 4.4% during trading on Monday . The company traded as low as $0.35 and last traded at $0.38. Approximately 8,698,219 shares changed hands during mid-day trading, a decline of 39% from the average daily volume of 14,305,165 shares. The stock had previously closed at $0.40.

MicroCloud Hologram Stock Down 7.6 %

The business’s fifty day moving average price is $0.92 and its 200 day moving average price is $4.76.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in MicroCloud Hologram stock. Commonwealth Equity Services LLC increased its position in MicroCloud Hologram Inc. (NASDAQ:HOLO) by 1,122.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 428,000 shares of the company’s stock after buying an additional 393,000 shares during the quarter. Commonwealth Equity Services LLC owned 7.21% of MicroCloud Hologram worth $351,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 2.13% of the company’s stock.

About MicroCloud Hologram

MicroCloud Hologram Inc provides holographic technology services worldwide. It operates in two segments, Holographic Solutions and Holographic Technology Service. Its services include holographic light detection and ranging (LiDAR) solutions based on holographic technology, holographic LiDAR point cloud algorithms architecture design, technical holographic imaging solutions, holographic LiDAR sensor chip design, and holographic vehicle intelligent vision technology to service customers that provide holographic advanced driver assistance systems.