How Is The Market Feeling About MicroCloud Hologram?
Portfolio Pulse from Benzinga Insights
MicroCloud Hologram (NYSE:HOLO) has seen a significant increase in short interest, with 7.27% of its float sold short, indicating bearish sentiment. This is higher than its peers' average of 3.93%.
October 07, 2024 | 6:15 pm
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MicroCloud Hologram's short interest has increased by 63.37%, now at 7.27% of its float, indicating a bearish market sentiment. This is significantly higher than its peers' average short interest of 3.93%.
The significant increase in short interest suggests that investors are bearish on MicroCloud Hologram, as more shares are being shorted compared to its peers. This could lead to downward pressure on the stock price in the short term.
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