No, as Hola doesn’t support P2P traffic on its servers. Even if it did, I still wouldn’t recommend using it, as it lacks a no-logs policy (meaning it collects your IP and browsing data).
If you want to torrent with a VPN, try ExpressVPN instead — it’s the best P2P VPN on the market, as it allows torrenting on servers in 105 countries, it comes with industry-leading security and privacy features (including an audited no-logs policy), and it maintains the fastest download speeds out there.