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

by · The Cerbat Gem

MicroCloud Hologram Inc. (NASDAQ:HOLO – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 865,000 shares, an increase of 331.2% from the September 30th total of 200,600 shares. Based on an average daily volume of 3,230,000 shares, the days-to-cover ratio is presently 0.3 days. Currently, 4.2% of the company’s shares are sold short.

Institutional Investors Weigh In On MicroCloud Hologram

An institutional investor recently raised its position in MicroCloud Hologram stock. Commonwealth Equity Services LLC lifted its position in MicroCloud Hologram Inc. (NASDAQ:HOLO – Free Report) by 1,122.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 428,000 shares of the company’s stock after buying an additional 393,000 shares during the period. Commonwealth Equity Services LLC owned about 7.21% of MicroCloud Hologram worth $351,000 as of its most recent SEC filing. 2.13% of the stock is currently owned by institutional investors.

MicroCloud Hologram Price Performance

NASDAQ:HOLO traded down $0.22 during trading hours on Friday, reaching $3.58. The company’s stock had a trading volume of 2,683,840 shares, compared to its average volume of 5,072,608. The firm has a 50-day simple moving average of $6.24 and a 200-day simple moving average of $20.10. MicroCloud Hologram has a 1 year low of $3.55 and a 1 year high of $1,968.00.

MicroCloud Hologram Company Profile

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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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