WiMi Hologram Cloud Inc. (NASDAQ:WIMI) Stock Short Interest Report for September

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 168,102 shares, a growth of 74.0% from the September 15th total of 96,629 shares. Based on an average daily volume of 192,425 shares, the short-interest ratio is presently 0.9 days. Currently, 1.4% of the company’s stock are sold short.

Hedge Funds Weigh In On WiMi Hologram Cloud

A hedge fund recently bought a new position in WiMi Hologram Cloud stock. Squarepoint Ops LLC acquired a new stake in shares of WiMi Hologram Cloud Inc. (NASDAQ:WIMI) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 40,126 shares of the company’s stock, valued at approximately $61,000. Squarepoint Ops LLC owned 0.22% of WiMi Hologram Cloud as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 0.96% of the company’s stock.

WiMi Hologram Cloud Stock Down 4.4%

NASDAQ WIMI traded down $0.02 during trading hours on Friday, hitting $0.51. The company had a trading volume of 469,284 shares, compared to its average volume of 166,187. WiMi Hologram Cloud has a 52 week low of $0.51 and a 52 week high of $4.16. The firm has a 50 day simple moving average of $1.03 and a 200 day simple moving average of $1.39.

WiMi Hologram Cloud (NASDAQ:WIMI) last posted its earnings results on Thursday, September 24th. The company reported ($0.35) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.40) by $0.05. The firm had revenue of $10.07 million during the quarter, compared to analysts’ expectations of $123.39 million.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of WiMi Hologram Cloud in a research note on Thursday. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, WiMi Hologram Cloud currently has a consensus rating of “Sell”.

WiMi Hologram Cloud Company Profile

WiMi Hologram Cloud Inc (NASDAQ: WIMI) is a technology company focused on holographic augmented reality (AR) applications. The company develops software, content and related solutions designed to integrate holographic and three-dimensional visual effects into digital media, advertising and interactive experiences.

Its offerings have included holographic AR advertising services, holographic entertainment content, interactive applications, computer-vision technologies and facial-recognition solutions.