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

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

TMC the metals Price Performance

TMCWW traded down $0.02 during trading on Friday, hitting $0.20. 39,416 shares of the company’s stock were exchanged, compared to its average volume of 142,817. TMC the metals has a 1 year low of $0.04 and a 1 year high of $0.32. The stock has a 50 day moving average price of $0.13 and a 200 day moving average price 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.