Short Interest in TMC the metals company Inc. (NASDAQ:TMCWW) Expands By 239.5%

TMC the metals company Inc. (NASDAQ:TMCWW) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 25,800 shares, a growth of 239.5% from the December 31st total of 7,600 shares. Based on an average trading volume of 65,900 shares, the days-to-cover ratio is presently 0.4 days.

TMC the metals Stock Performance

TMC the metals stock traded down $0.00 during mid-day trading on Friday, hitting $0.15. 58,191 shares of the company were exchanged, compared to its average volume of 170,920. The business has a fifty day moving average of $0.10 and a 200 day moving average of $0.10. TMC the metals has a 1-year low of $0.04 and a 1-year high of $0.32.

About TMC the metals

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.