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

TMC the metals company Inc. (NASDAQ:TMCWW) saw 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 trading volume, of 107,600 shares, the days-to-cover ratio is currently 0.2 days.

TMC the metals Trading Up 15.2 %

Shares of NASDAQ:TMCWW traded up $0.03 during mid-day trading on Thursday, reaching $0.22. The company had a trading volume of 78,337 shares, compared to its average volume of 146,129. TMC the metals has a one year low of $0.04 and a one year high of $0.32. The company’s 50-day moving average price is $0.12 and its 200-day moving average price is $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.