MicroCloud Hologram Inc. (NASDAQ:HOLO) Short Interest Up 104.3% in January

MicroCloud Hologram Inc. (NASDAQ:HOLOGet Free Report) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 5,640,000 shares, a growth of 104.3% from the December 31st total of 2,760,000 shares. Currently, 27.6% of the company’s stock are short sold. Based on an average daily trading volume, of 13,830,000 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of MicroCloud Hologram

A hedge fund recently raised its stake in MicroCloud Hologram stock. XTX Topco Ltd grew its holdings in MicroCloud Hologram Inc. (NASDAQ:HOLOFree Report) by 1,488.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 174,637 shares of the company’s stock after purchasing an additional 163,641 shares during the period. XTX Topco Ltd owned about 0.21% of MicroCloud Hologram worth $63,000 as of its most recent SEC filing. 2.13% of the stock is currently owned by institutional investors and hedge funds.

MicroCloud Hologram Stock Down 12.1 %

NASDAQ:HOLO traded down $0.24 during trading hours on Wednesday, reaching $1.72. 18,619,732 shares of the company traded hands, compared to its average volume of 39,989,191. The business’s 50-day moving average price is $2.19 and its two-hundred day moving average price is $4.82. MicroCloud Hologram has a 1 year low of $1.23 and a 1 year high of $1,968.00.

About MicroCloud Hologram

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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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