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

WiMi Hologram Cloud Inc. (NASDAQ:WIMI) was the target of a significant growth in short interest during 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 trading volume of 192,425 shares, the short-interest ratio is currently 0.9 days. Currently, 1.4% of the company’s shares are sold short.

Hedge Funds Weigh In On WiMi Hologram Cloud

An institutional investor recently bought a new stake in WiMi Hologram Cloud stock. Squarepoint Ops LLC acquired a new position in shares of WiMi Hologram Cloud Inc. (NASDAQ:WIMI) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm 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 SEC filing. 0.96% of the stock is currently owned by institutional investors and hedge funds.

WiMi Hologram Cloud Trading Down 0.8%

Shares of WiMi Hologram Cloud stock opened at $0.53 on Friday. The business has a 50-day moving average price of $1.05 and a two-hundred day moving average price of $1.40. WiMi Hologram Cloud has a 1-year low of $0.51 and a 1-year high of $4.24.

WiMi Hologram Cloud (NASDAQ:WIMI) last announced its quarterly earnings data on Thursday, September 24th. The company reported ($0.35) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.40) by $0.05. The business had revenue of $10.07 million during the quarter, compared to analyst estimates 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 report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock has an average 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.