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

MicroCloud Hologram Inc. (NASDAQ:HOLO) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 5,640,000 shares, an increase of 104.3% from the December 15th total of 2,760,000 shares. Approximately 27.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 13,830,000 shares, the days-to-cover ratio is currently 0.4 days.

MicroCloud Hologram Stock Down 3.7 %

Shares of NASDAQ:HOLO traded down $0.07 during trading on Thursday, hitting $1.82. 66,140,040 shares of the company were exchanged, compared to its average volume of 32,903,012. MicroCloud Hologram has a 1-year low of $1.23 and a 1-year high of $1,968.00. The business’s 50 day moving average is $2.36 and its 200-day moving average is $5.81.

Hedge Funds Weigh In On MicroCloud Hologram

A number of institutional investors and hedge funds have recently bought and sold shares of HOLO. XTX Topco Ltd boosted its stake in shares of MicroCloud Hologram by 1,488.2% during the third quarter. XTX Topco Ltd now owns 174,637 shares of the company’s stock valued at $63,000 after purchasing an additional 163,641 shares in the last quarter. Jane Street Group LLC raised its holdings in MicroCloud Hologram by 336.3% in the 3rd quarter. Jane Street Group LLC now owns 422,656 shares of the company’s stock valued at $152,000 after buying an additional 325,785 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in MicroCloud Hologram by 1,122.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 428,000 shares of the company’s stock worth $351,000 after buying an additional 393,000 shares during the period. Institutional investors and hedge funds own 2.13% of the company’s stock.

About MicroCloud Hologram

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.