TMC the metals company Inc. (NASDAQ:TMCWW) Short Interest Up 239.5% in January

TMC the metals company Inc. (NASDAQ:TMCWW) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 25,800 shares, a growth of 239.5% from the December 31st total of 7,600 shares. Based on an average daily volume of 65,900 shares, the short-interest ratio is currently 0.4 days.

TMC the metals Trading Down 8.8 %

TMCWW traded down $0.01 during trading on Wednesday, hitting $0.14. 52,848 shares of the stock traded hands, compared to its average volume of 175,597. The firm has a 50-day moving average of $0.10 and a 200 day moving average of $0.10. TMC the metals has a 12-month low of $0.04 and a 12-month high of $0.32.

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.