Mint Incorporation Limited (NASDAQ:MIMI) Short Interest Down 32.0% in March

Mint Incorporation Limited (NASDAQ:MIMI) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totaling 686,058 shares, a decrease of 32.0% from the March 15th total of 1,009,502 shares. Based on an average daily trading volume, of 254,958 shares, the short-interest ratio is presently 2.7 days. Currently, 3.0% of the company’s shares are short sold.

Mint Incorporation Trading Up 100.3%

Shares of NASDAQ MIMI traded up $0.26 during mid-day trading on Tuesday, reaching $0.53. The company had a trading volume of 372,469,628 shares, compared to its average volume of 10,266,479. Mint Incorporation has a 52 week low of $0.25 and a 52 week high of $13.69. The business’s 50-day moving average is $0.30 and its 200-day moving average is $1.64.

Mint Incorporation (NASDAQ:MIMI) last released its quarterly earnings data on Tuesday, March 31st. The company reported ($0.18) earnings per share (EPS) for the quarter. The business had revenue of $0.49 million for the quarter.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Renaissance Technologies LLC bought a new stake in shares of Mint Incorporation in the 4th quarter valued at about $90,000. Geode Capital Management LLC purchased a new position in Mint Incorporation during the second quarter valued at approximately $91,000. Jane Street Group LLC purchased a new position in Mint Incorporation during the first quarter valued at approximately $100,000. Finally, Citadel Advisors LLC bought a new position in Mint Incorporation in the third quarter worth approximately $151,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Mint Incorporation in a research report on Friday, January 9th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Mint Incorporation currently has a consensus rating of “Sell”.

Mint Incorporation Company Profile

Mint, Inc Ltd. is a company that engages in the provision of interior design and fit works. The company offers design services including layout plans and sketches presented in the form of 3d technical drawing and design and fit out services. The company was founded in 2018 and is headquartered in Hong Kong.