WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Short Interest Down 42.7% in September

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) saw a large decrease in short interest in September. As of September 15th, there was short interest totalling 698,900 shares, a decrease of 42.7% from the August 31st total of 1,220,000 shares. Based on an average daily trading volume, of 320,300 shares, the days-to-cover ratio is presently 2.2 days.

WiMi Hologram Cloud Stock Performance

WiMi Hologram Cloud stock opened at $0.95 on Friday. The firm’s 50 day simple moving average is $0.80 and its 200 day simple moving average is $0.86. The company has a quick ratio of 3.67, a current ratio of 3.67 and a debt-to-equity ratio of 0.05. WiMi Hologram Cloud has a 1-year low of $0.56 and a 1-year high of $1.87.

Institutional Trading of WiMi Hologram Cloud

A hedge fund recently bought a new stake in WiMi Hologram Cloud stock. Virtu Financial LLC bought a new position in shares of WiMi Hologram Cloud Inc. (NASDAQ:WIMI) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 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 quarter. 0.96% of the stock is owned by institutional investors and hedge funds.

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.