Mint Incorporation Limited (NASDAQ:MIMI) Short Interest Update

Mint Incorporation Limited (NASDAQ:MIMI) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 69,724 shares, a growth of 368.6% from the June 15th total of 14,880 shares. Currently, 3.0% of the company’s stock are sold short. Based on an average daily trading volume, of 4,688,733 shares, the short-interest ratio is presently 0.0 days.

Mint Incorporation Trading Up 7.5%

NASDAQ MIMI traded up $0.15 during trading on Friday, hitting $2.15. The stock had a trading volume of 6,218,881 shares, compared to its average volume of 2,466,700. The company’s 50-day moving average price is $2.86 and its two-hundred day moving average price is $3.05. Mint Incorporation has a 12 month low of $1.97 and a 12 month high of $136.90.

Insider Activity

In other news, CEO Hoi Lung Chan acquired 211,879 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was acquired at an average cost of $3.01 per share, for a total transaction of $637,755.79. Following the completion of the acquisition, the chief executive officer owned 474,379 shares in the company, valued at $1,427,880.79. This represents a 80.72% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Institutional Trading of Mint Incorporation

A number of hedge funds and other institutional investors have recently made changes to their positions in MIMI. Renaissance Technologies LLC bought a new stake in shares of Mint Incorporation in the fourth quarter worth $90,000. Jane Street Group LLC grew its position in Mint Incorporation by 71.5% in the second quarter. Jane Street Group LLC now owns 32,803 shares of the company’s stock valued at $217,000 after purchasing an additional 13,671 shares in the last quarter. Citadel Advisors LLC bought a new position in Mint Incorporation in the third quarter valued at $151,000. Finally, Geode Capital Management LLC acquired a new stake in Mint Incorporation in the 2nd quarter valued at $91,000.

About Mint Incorporation

Mint, Inc Ltd. is a company that engages in the provision of interior design and fit works. The company offers design services including layout plans and sketches presented in the form of 3d technical drawing and design and fit out services. The company was founded in 2018 and is headquartered in Hong Kong.