TMC the metals company Inc. (NASDAQ:TMCWW) Short Interest Down 56.2% in January

TMC the metals company Inc. (NASDAQ:TMCWW) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 11,300 shares, a decrease of 56.2% from the December 31st total of 25,800 shares. Based on an average daily volume of 94,700 shares, the days-to-cover ratio is presently 0.1 days.

TMC the metals Trading Down 1.3 %

TMC the metals stock traded down $0.00 during mid-day trading on Friday, reaching $0.15. 58,191 shares of the company traded hands, compared to its average volume of 170,920. TMC the metals has a fifty-two week low of $0.04 and a fifty-two week high of $0.32. The firm’s fifty day moving average is $0.10 and its two-hundred day moving average is $0.10.

About TMC the metals

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.