Short Interest in WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Declines By 37.1%

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WiMi Hologram Cloud Inc. (NASDAQ:WIMI - Get Free Report) saw a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 1,900,000 shares, a decrease of 37.1% from the March 31st total of 3,020,000 shares. Based on an average trading volume of 3,580,000 shares, the days-to-cover ratio is currently 0.5 days.

WiMi Hologram Cloud Stock Performance

NASDAQ:WIMI traded up $0.12 on Friday, hitting $1.02. 3,205,219 shares of the stock were exchanged, compared to its average volume of 1,494,705. The stock has a fifty day moving average of $0.97 and a 200-day moving average of $0.80. WiMi Hologram Cloud has a fifty-two week low of $0.56 and a fifty-two week high of $1.87.

Institutional Investors Weigh In On WiMi Hologram Cloud

An institutional investor recently raised its position in WiMi Hologram Cloud stock. Vontobel Holding Ltd. grew its position in shares of WiMi Hologram Cloud Inc. (NASDAQ:WIMI - Free Report) by 32.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 64,099 shares of the company's stock after acquiring an additional 15,808 shares during the quarter. Vontobel Holding Ltd. owned about 0.07% of WiMi Hologram Cloud worth $52,000 at the end of the most recent quarter. Institutional investors own 0.96% of the company's stock.

WiMi Hologram Cloud Company Profile

(Get Free Report)

WiMi Hologram Cloud Inc provides augmented reality (AR) based holographic services and products in China. It operates in three segments: AR Advertising Services, AR Entertainment, and Semiconductor Related Products and Services. The company primarily offers holographic AR advertising services and holographic AR entertainment products.

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