TMC the metals company Inc. (NASDAQ:TMCWW) Short Interest Up 2,370.0% in April

TMC the metals company Inc. (NASDAQ:TMCWW) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 24,700 shares, a growth of 2,370.0% from the March 31st total of 1,000 shares. Based on an average daily trading volume, of 75,700 shares, the days-to-cover ratio is presently 0.3 days.

TMC the metals Price Performance

TMC the metals stock remained flat at $0.19 during mid-day trading on Friday. 109 shares of the company were exchanged, compared to its average volume of 103,882. The company’s 50 day moving average price is $0.18 and its 200-day moving average price is $0.14. TMC the metals has a 52 week low of $0.05 and a 52 week high of $0.55.

TMC the metals Company Profile

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 the Clarion Clipperton Zone (CCZ) in the south-west of San Diego, California. It primarily explores for nickel, cobalt, copper, and manganese products.