MicroCloud Hologram Inc. (NASDAQ:HOLO) Short Interest Update

MicroCloud Hologram Inc. (NASDAQ:HOLO) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 9,370,000 shares, an increase of 17.9% from the February 13th total of 7,950,000 shares. Approximately 45.8% of the shares of the company are short sold. Based on an average trading volume of 31,470,000 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC increased its position in shares of MicroCloud Hologram by 336.3% during the third 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. XTX Topco Ltd grew 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 valued at $63,000 after acquiring an additional 163,641 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in MicroCloud Hologram in the 4th quarter worth approximately $232,000. Bravias Capital Group LLC bought a new position in MicroCloud Hologram in the 4th quarter valued at $162,000. Finally, Virtu Financial LLC purchased a new position in shares of MicroCloud Hologram during the 4th quarter valued at $53,000. Hedge funds and other institutional investors own 2.13% of the company’s stock.

MicroCloud Hologram Price Performance

Shares of NASDAQ HOLO traded down $0.02 during mid-day trading on Thursday, hitting $0.77. The company had a trading volume of 2,325,693 shares, compared to its average volume of 10,086,466. MicroCloud Hologram has a 1 year low of $0.73 and a 1 year high of $120.00. The stock’s 50-day moving average price is $1.37 and its 200-day moving average price is $2.92.

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.