MicroCloud Hologram (NASDAQ:HOLO) Trading 10.4% Higher – Here’s What Happened

MicroCloud Hologram Inc. (NASDAQ:HOLO) rose 10.4% during mid-day trading on Wednesday . The stock traded as high as $0.60 and last traded at $0.60. Approximately 17,129,530 shares traded hands during mid-day trading, an increase of 42% from the average daily volume of 12,023,275 shares. The stock had previously closed at $0.54.

MicroCloud Hologram Trading Up 16.3 %

The business’s 50-day moving average price is $0.99 and its 200 day moving average price is $2.30.

Hedge Funds Weigh In On MicroCloud Hologram

A number of institutional investors have recently added to or reduced their stakes in HOLO. Virtu Financial LLC bought a new stake in shares of MicroCloud Hologram during the 4th quarter valued at about $53,000. XTX Topco Ltd lifted its position in MicroCloud Hologram by 1,488.2% during the third quarter. XTX Topco Ltd now owns 174,637 shares of the company’s stock valued at $63,000 after purchasing an additional 163,641 shares during the last quarter. Jane Street Group LLC grew its stake in MicroCloud Hologram by 336.3% in the 3rd quarter. Jane Street Group LLC now owns 422,656 shares of the company’s stock worth $152,000 after buying an additional 325,785 shares in the last quarter. Bravias Capital Group LLC bought a new position in shares of MicroCloud Hologram in the 4th quarter worth $162,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of MicroCloud Hologram in the 4th quarter worth $232,000. 2.13% of the stock is currently owned by institutional investors.

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.