Mint Incorporation Limited (NASDAQ:MIMI) Short Interest Up 24.8% in January

Mint Incorporation Limited (NASDAQ:MIMI) saw a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 195,812 shares, an increase of 24.8% from the January 15th total of 156,958 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average trading volume of 271,578 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 271,578 shares, the short-interest ratio is presently 0.7 days. Approximately 0.9% of the shares of the stock are short sold.

Mint Incorporation Price Performance

NASDAQ MIMI traded up $0.11 during trading hours on Monday, hitting $0.39. The company had a trading volume of 85,549,484 shares, compared to its average volume of 12,442,194. The business has a fifty day simple moving average of $0.34 and a 200-day simple moving average of $3.97. Mint Incorporation has a fifty-two week low of $0.25 and a fifty-two week high of $13.69.

Institutional Investors Weigh In On Mint Incorporation

Several hedge funds have recently modified their holdings of MIMI. Renaissance Technologies LLC bought a new stake in shares of Mint Incorporation during the fourth quarter valued at approximately $90,000. Geode Capital Management LLC acquired a new position in Mint Incorporation during the 2nd quarter worth $91,000. Jane Street Group LLC bought a new position in Mint Incorporation in the 1st quarter valued at $100,000. Finally, Citadel Advisors LLC acquired a new position in shares of Mint Incorporation during the third quarter valued at $151,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Mint Incorporation in a research note on Friday, January 9th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

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.