Short Interest in TMC the metals company Inc. (NASDAQ:TMCWW) Expands By 164.0%

TMC the metals company Inc. (NASDAQ:TMCWW) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 46,200 shares, a growth of 164.0% from the March 31st total of 17,500 shares. Based on an average daily volume of 105,300 shares, the short-interest ratio is currently 0.4 days.

TMC the metals Trading Up 22.3 %

Shares of TMCWW traded up $0.14 during trading hours on Monday, hitting $0.78. The company had a trading volume of 67,726 shares, compared to its average volume of 119,318. TMC the metals has a one year low of $0.04 and a one year high of $0.85. The company’s fifty day moving average price is $0.29 and its two-hundred day moving average price is $0.17.

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.