Short Interest in TMC the metals company Inc. (NASDAQ:TMCWW) Increases By 53.1%

TMC the metals company Inc. (NASDAQ:TMCWW) was the target of a large growth in short interest during 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 trading volume of 107,600 shares, the short-interest ratio is presently 0.2 days.

TMC the metals Stock Up 15.2 %

TMCWW traded up $0.03 during midday trading on Thursday, hitting $0.22. 78,337 shares of the company were exchanged, compared to its average volume of 146,129. TMC the metals has a 1-year low of $0.04 and a 1-year high of $0.32. The firm’s 50 day moving average price is $0.12 and its 200-day moving average price is $0.10.

TMC the metals Company Profile

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.