MicroCloud Hologram Inc. (NASDAQ:HOLO) Sees Significant Growth in Short Interest

Key Points

• MicroCloud Hologram Inc. experienced an **81.6% increase** in short interest in July, reaching a total of **1,680,000 shares** shorted.
• Universal Beteiligungs und Servicegesellschaft mbH bought **205,000 shares** of MicroCloud Hologram, representing about **15.04%** of the company as of the latest reporting.
• The stock opened at **$4.46**, with a significant volatility range evidenced by a **one year high of $608.00** and a low of **$4.16**.

MicroCloud Hologram Inc. (NASDAQ:HOLO - ) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 1,680,000 shares, agrowthof81.6% from the June 30th total of 925,000 shares. Based on an average daily volume of 4,340,000 shares, the days-to-cover ratio is currently 0.4 days. Approximately36.4% of the company's stock are short sold. Approximately36.4% of the company's stock are short sold. Based on an average daily volume of 4,340,000 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of MicroCloud Hologram

An institutional investor recently bought a new position in MicroCloud Hologram stock. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in MicroCloud Hologram Inc. (NASDAQ:HOLO - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 205,000 shares of the company's stock, valued at approximately $169,000. Universal Beteiligungs und Servicegesellschaft mbH owned 15.04% of MicroCloud Hologram at the end of the most recent reporting period. 2.13% of the stock is owned by institutional investors.

MicroCloud Hologram Trading Down 4.7%

Shares of HOLO stock opened at $4.46 on Wednesday. The company has a fifty day moving average price of $5.22 and a two-hundred day moving average price of $23.04. MicroCloud Hologram has a one year low of $4.16 and a one year high of $608.00.

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.

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