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

MicroCloud Hologram Inc. (NASDAQ:HOLO) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 1,310,000 shares, a growth of 51.4% from the October 15th total of 865,000 shares. Currently, 6.4% of the company’s stock are sold short. Based on an average daily volume of 3,950,000 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On MicroCloud Hologram

A number of hedge funds have recently made changes to their positions in HOLO. Commonwealth Equity Services LLC raised its stake in shares of MicroCloud Hologram by 1,122.9% in the second quarter. Commonwealth Equity Services LLC now owns 428,000 shares of the company’s stock valued at $351,000 after buying an additional 393,000 shares during the period. Jane Street Group LLC lifted its holdings in 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 purchasing an additional 325,785 shares during the last quarter. XTX Topco Ltd boosted its position 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, BNP Paribas Financial Markets bought a new position in MicroCloud Hologram during the first quarter worth about $27,000. 2.13% of the stock is currently owned by institutional investors.

MicroCloud Hologram Stock Performance

Shares of HOLO traded down $0.19 on Friday, reaching $2.42. 2,265,542 shares of the company’s stock traded hands, compared to its average volume of 1,703,838. The stock’s 50 day simple moving average is $4.49 and its two-hundred day simple moving average is $15.16. MicroCloud Hologram has a 52-week low of $2.40 and a 52-week high of $1,968.00.

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.