TMC the metals company Inc. (NASDAQ:TMCWW) Sees Large Increase in Short Interest

TMC the metals company Inc. (NASDAQ:TMCWW) was the target of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 17,300 shares, a growth of 53.1% from the January 15th total of 11,300 shares. Based on an average daily trading volume, of 107,600 shares, the short-interest ratio is presently 0.2 days.

TMC the metals Trading Up 14.2 %

NASDAQ:TMCWW opened at $0.22 on Friday. TMC the metals has a 12 month low of $0.04 and a 12 month high of $0.32. The firm has a fifty day simple moving average of $0.12 and a 200-day simple moving average of $0.10.

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.