TMC the metals company Inc. (NASDAQ:TMCWW) Sees Significant Growth in Short Interest

TMC the metals company Inc. (NASDAQ:TMCWW) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 24,700 shares, a growth of 2,370.0% from the March 31st total of 1,000 shares. Based on an average daily volume of 75,700 shares, the days-to-cover ratio is presently 0.3 days.

TMC the metals Price Performance

TMCWW stock traded down $0.01 during trading on Thursday, hitting $0.19. 25,179 shares of the company’s stock traded hands, compared to its average volume of 103,882. The business has a fifty day simple moving average of $0.18 and a 200 day simple moving average of $0.14. TMC the metals has a 52 week low of $0.05 and a 52 week high of $0.55.

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 the Clarion Clipperton Zone (CCZ) in the south-west of San Diego, California. It primarily explores for nickel, cobalt, copper, and manganese products.