Mint Incorporation Limited (NASDAQ:MIMI) Stock Short Interest Rises 55.3%

Mint Incorporation Limited (NASDAQ:MIMI) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 553,676 shares, an increase of 55.3% from the August 31st total of 356,539 shares. Currently, 3.7% of the shares of the stock are sold short. Based on an average daily volume of 18,117,148 shares, the days-to-cover ratio is presently 0.0 days.

Mint Incorporation Trading Down 1.2%

Shares of Mint Incorporation stock opened at $0.88 on Friday. Mint Incorporation has a fifty-two week low of $0.61 and a fifty-two week high of $92.80. The business’s fifty day moving average is $1.34 and its two-hundred day moving average is $2.33. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.89 and a quick ratio of 1.89.

Mint Incorporation (NASDAQ:MIMI) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.33) EPS for the quarter. The firm had revenue of ($0.96) million during the quarter.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on MIMI shares. Wall Street Zen upgraded shares of Mint Incorporation from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Weiss Ratings downgraded shares of Mint Incorporation from a “sell (d)” rating to a “sell (e+)” rating in a report on Monday, August 24th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus 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.