TMC the metals company Inc. (NASDAQ:TMCWW) Short Interest Update

TMC the metals company Inc. (NASDAQ:TMCWW) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 2,600 shares, a growth of 36.8% from the October 31st total of 1,900 shares. Based on an average daily trading volume, of 48,900 shares, the short-interest ratio is presently 0.1 days.

TMC the metals Stock Performance

NASDAQ:TMCWW traded down $0.01 during midday trading on Friday, hitting $0.07. 14,935 shares of the company traded hands, compared to its average volume of 64,359. The firm’s fifty day moving average is $0.08 and its 200-day moving average is $0.12. TMC the metals has a 12-month low of $0.04 and a 12-month high of $0.32.

TMC the metals Company Profile

TMC the metals company Inc, a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean.