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

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

MicroCloud Hologram Stock Down 7.1 %

NASDAQ:HOLO traded down $0.10 on Friday, reaching $1.30. 15,981,550 shares of the company’s stock were exchanged, compared to its average volume of 32,628,698. The business has a fifty day moving average of $2.06 and a 200-day moving average of $4.12. MicroCloud Hologram has a 52-week low of $1.20 and a 52-week high of $1,968.00.

Institutional Trading of MicroCloud Hologram

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