MicroCloud Hologram Inc. (NASDAQ:HOLO) Sees Significant Increase in Short Interest

MicroCloud Hologram Inc. (NASDAQ:HOLOGet Free Report) saw a large growth in short interest in June. As of June 30th, there was short interest totalling 7,430,000 shares, a growth of 167.3% from the June 15th total of 2,780,000 shares. Approximately 9.5% of the company’s stock are sold short. Based on an average trading volume of 16,650,000 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of MicroCloud Hologram

An institutional investor recently bought a new position in MicroCloud Hologram stock. BNP Paribas Financial Markets purchased a new stake in MicroCloud Hologram Inc. (NASDAQ:HOLOFree Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 6,981 shares of the company’s stock, valued at approximately $27,000. BNP Paribas Financial Markets owned about 0.12% of MicroCloud Hologram at the end of the most recent reporting period. Hedge funds and other institutional investors own 2.13% of the company’s stock.

MicroCloud Hologram Trading Up 3.8 %

NASDAQ HOLO traded up $0.02 on Thursday, hitting $0.67. 16,339,796 shares of the stock were exchanged, compared to its average volume of 12,379,831. MicroCloud Hologram has a fifty-two week low of $0.55 and a fifty-two week high of $113.00. The company has a 50-day moving average price of $1.49 and a 200-day moving average price of $5.08.

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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