Short Interest in MicroCloud Hologram Inc. (NASDAQ:HOLO) Increases By 103.3%

MicroCloud Hologram Inc. (NASDAQ:HOLO) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 6,180,000 shares, an increase of 103.3% from the January 15th total of 3,040,000 shares. Currently, 30.2% of the company’s shares are sold short. Based on an average trading volume of 22,350,000 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of MicroCloud Hologram

Institutional investors and hedge funds have recently bought and sold shares of the stock. Virtu Financial LLC purchased a new stake in MicroCloud Hologram in the 4th quarter valued at about $53,000. XTX Topco Ltd raised its holdings in MicroCloud Hologram by 1,488.2% in the 3rd quarter. XTX Topco Ltd now owns 174,637 shares of the company’s stock valued at $63,000 after buying an additional 163,641 shares during the period. Jane Street Group LLC raised its holdings in MicroCloud Hologram by 336.3% in the 3rd quarter. Jane Street Group LLC now owns 422,656 shares of the company’s stock valued at $152,000 after buying an additional 325,785 shares during the period. Bravias Capital Group LLC purchased a new stake in MicroCloud Hologram in the 4th quarter valued at about $162,000. Finally, SBI Securities Co. Ltd. purchased a new stake in MicroCloud Hologram in the 4th quarter valued at about $232,000. 2.13% of the stock is currently owned by hedge funds and other institutional investors.

MicroCloud Hologram Trading Down 7.1 %

Shares of HOLO stock traded down $0.10 on Friday, hitting $1.30. 15,981,550 shares of the stock traded hands, compared to its average volume of 32,628,698. The firm’s 50-day moving average price is $2.06 and its two-hundred day moving average price is $4.12. MicroCloud Hologram has a twelve month low of $1.20 and a twelve month high of $1,968.00.

MicroCloud Hologram Company Profile

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.