Short Interest in MicroCloud Hologram Inc. (NASDAQ:HOLO) Increases By 38.0%

MicroCloud Hologram Inc. (NASDAQ:HOLO) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 2,760,000 shares, an increase of 38.0% from the November 30th total of 2,000,000 shares. Based on an average trading volume of 4,360,000 shares, the days-to-cover ratio is currently 0.6 days. Currently, 13.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of HOLO. XTX Topco Ltd lifted its stake in MicroCloud Hologram by 1,488.2% in 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 during the last quarter. Jane Street Group LLC lifted its position in shares of MicroCloud Hologram by 336.3% during the 3rd quarter. Jane Street Group LLC now owns 422,656 shares of the company’s stock worth $152,000 after purchasing an additional 325,785 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its position 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 acquiring an additional 393,000 shares during the period. 2.13% of the stock is owned by institutional investors and hedge funds.

MicroCloud Hologram Price Performance

NASDAQ:HOLO traded up $4.01 during trading hours on Monday, hitting $6.41. 219,059,813 shares of the stock traded hands, compared to its average volume of 3,070,261. The firm has a 50 day moving average price of $2.35 and a 200 day moving average price of $7.11. MicroCloud Hologram has a fifty-two week low of $1.23 and a fifty-two 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.