TMC the metals company Inc. (NASDAQ:TMCWW) Short Interest Update

by · The Cerbat Gem

TMC the metals company Inc. (NASDAQ:TMCWW – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 7,200 shares, a drop of 53.8% from the September 15th total of 15,600 shares. Based on an average daily volume of 43,000 shares, the short-interest ratio is presently 0.2 days.

TMC the metals Stock Performance

TMCWW stock traded up $0.03 during midday trading on Friday, reaching $0.10. The company’s stock had a trading volume of 42,311 shares, compared to its average volume of 66,836. The stock has a fifty day simple moving average of $0.09 and a two-hundred day simple moving average of $0.15. TMC the metals has a 1 year low of $0.04 and a 1 year high of $0.32.

About TMC the metals

(Get Free Report)

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.

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