Short Interest in Mint Incorporation Limited (NASDAQ:MIMI) Declines By 80.1%

Mint Incorporation Limited (NASDAQ:MIMI) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 14,880 shares, a decrease of 80.1% from the May 31st total of 74,768 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 77,511 shares, the short-interest ratio is currently 0.2 days.

Insider Buying and Selling at Mint Incorporation

In other Mint Incorporation news, CEO Hoi Lung Chan purchased 211,879 shares of Mint Incorporation stock in a transaction that occurred on Monday, May 18th. The stock was purchased at an average price of $3.01 per share, with a total value of $637,755.79. Following the completion of the acquisition, the chief executive officer owned 474,379 shares of the company’s stock, valued at approximately $1,427,880.79. This trade represents a 80.72% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Hedge Funds Weigh In On Mint Incorporation

Institutional investors and hedge funds have recently bought and sold shares of the stock. Citadel Advisors LLC acquired a new stake in shares of Mint Incorporation in the 3rd quarter worth approximately $151,000. Jane Street Group LLC increased its stake in shares of Mint Incorporation by 71.5% during the second quarter. Jane Street Group LLC now owns 32,803 shares of the company’s stock valued at $217,000 after acquiring an additional 13,671 shares during the period. Geode Capital Management LLC acquired a new position in shares of Mint Incorporation during the second quarter valued at approximately $91,000. Finally, Renaissance Technologies LLC bought a new stake in Mint Incorporation during the fourth quarter worth approximately $90,000.

Mint Incorporation Trading Up 19.2%

Shares of NASDAQ MIMI opened at $3.23 on Friday. Mint Incorporation has a twelve month low of $2.22 and a twelve month high of $136.90. The business has a 50 day simple moving average of $3.07 and a 200-day simple moving average of $3.18.

Mint Incorporation (NASDAQ:MIMI) last issued its earnings results on Tuesday, March 31st. The company reported ($1.75) earnings per share (EPS) for the quarter. The business had revenue of $0.49 million for the quarter.

About Mint Incorporation

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.