WiMi Hologram Cloud Inc. (NASDAQ:WIMI – Get Free Report) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 830,040 shares, a growth of 164.2% from the April 15th total of 314,133 shares. Currently, 7.0% of the shares of the company are short sold. Based on an average trading volume of 1,965,083 shares, the short-interest ratio is presently 0.4 days.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of WiMi Hologram Cloud in a research note on Monday, April 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.
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WiMi Hologram Cloud Stock Down 1.7%
WiMi Hologram Cloud (NASDAQ:WIMI – Get Free Report) last posted its earnings results on Friday, April 24th. The company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.40) by $2.04. The company had revenue of $17.04 million for the quarter, compared to analysts’ expectations of $123.28 million.
Institutional Trading of WiMi Hologram Cloud
A hedge fund recently bought a new stake in WiMi Hologram Cloud stock. Jump Financial LLC bought a new stake in WiMi Hologram Cloud Inc. (NASDAQ:WIMI – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 39,512 shares of the company’s stock, valued at approximately $109,000. Jump Financial LLC owned about 0.40% of WiMi Hologram Cloud as of its most recent SEC filing. 0.96% of the stock is currently owned by hedge funds and other institutional investors.
WiMi Hologram Cloud Company Profile
WiMi Hologram Cloud Inc is a technology company specializing in the development and delivery of cloud-based holographic augmented reality (AR) solutions. Its core offering is a proprietary holographic cloud platform that integrates advanced computer vision, artificial intelligence and 3D rendering algorithms to power immersive AR experiences. The company’s services span content creation, distribution and deployment, enabling enterprises and developers to integrate holographic effects into applications ranging from live streaming and virtual events to interactive advertising campaigns.
Through its platform, WiMi Hologram Cloud distributes a digital library of holographic assets—such as 3D models, animations and special effects—that can be accessed on demand.
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