TMC the metals company Inc. (NASDAQ:TMCWW) Short Interest Up 239.5% in December

TMC the metals company Inc. (NASDAQ:TMCWW) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 25,800 shares, a growth of 239.5% from the December 15th total of 7,600 shares. Based on an average daily trading volume, of 65,900 shares, the short-interest ratio is currently 0.4 days.

TMC the metals Price Performance

NASDAQ TMCWW traded up $0.04 during trading on Wednesday, reaching $0.13. The company’s stock had a trading volume of 386,752 shares, compared to its average volume of 178,884. TMC the metals has a one year low of $0.04 and a one year high of $0.32. The firm has a fifty day moving average of $0.09 and a 200 day moving average of $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.