Investors Purchase Large Volume of WiMi Hologram Cloud Call Options (NASDAQ:WIMI)

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) saw unusually large options trading activity on Thursday. Stock investors bought 2,295 call options on the company. This represents an increase of approximately 84% compared to the typical daily volume of 1,244 call options.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Garden State Investment Advisory Services LLC purchased a new stake in shares of WiMi Hologram Cloud in the 3rd quarter worth approximately $178,000. Symmetry Peak Management LLC purchased a new stake in WiMi Hologram Cloud during the 3rd quarter valued at approximately $76,000. XTX Topco Ltd bought a new position in shares of WiMi Hologram Cloud during the 2nd quarter valued at about $45,000. Finally, Virtu Financial LLC boosted its position in shares of WiMi Hologram Cloud by 97.9% during the 3rd quarter. Virtu Financial LLC now owns 61,676 shares of the company’s stock valued at $64,000 after acquiring an additional 30,512 shares during the last quarter. Institutional investors own 0.96% of the company’s stock.

WiMi Hologram Cloud Stock Performance

WIMI stock traded down $0.02 during midday trading on Thursday, hitting $1.83. The company had a trading volume of 5,724,891 shares, compared to its average volume of 2,648,028. The stock’s 50 day moving average price is $0.98 and its 200 day moving average price is $0.89. WiMi Hologram Cloud has a 52 week low of $0.61 and a 52 week high of $2.92.

About WiMi Hologram Cloud

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.