Hycroft Mining Holding Co. (NASDAQ:HYMC) Short Interest Update

Hycroft Mining Holding Co. (NASDAQ:HYMC) was the target of a large drop in short interest in January. As of January 31st, there was short interest totalling 1,550,000 shares, a drop of 10.9% from the January 15th total of 1,740,000 shares. Currently, 7.7% of the company’s stock are short sold. Based on an average daily volume of 218,800 shares, the days-to-cover ratio is presently 7.1 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Geode Capital Management LLC boosted its position in shares of Hycroft Mining by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 204,018 shares of the company’s stock valued at $451,000 after buying an additional 6,429 shares during the last quarter. Waldron Private Wealth LLC boosted its holdings in shares of Hycroft Mining by 37.0% during the 3rd quarter. Waldron Private Wealth LLC now owns 33,060 shares of the company’s stock valued at $83,000 after acquiring an additional 8,931 shares during the last quarter. Avantax Advisory Services Inc. boosted its holdings in shares of Hycroft Mining by 40.9% during the 4th quarter. Avantax Advisory Services Inc. now owns 31,000 shares of the company’s stock valued at $69,000 after acquiring an additional 9,000 shares during the last quarter. Virtu Financial LLC raised its holdings in shares of Hycroft Mining by 59.9% during the third quarter. Virtu Financial LLC now owns 27,305 shares of the company’s stock valued at $68,000 after purchasing an additional 10,228 shares during the last quarter. Finally, Renaissance Technologies LLC raised its holdings in shares of Hycroft Mining by 14.8% during the fourth quarter. Renaissance Technologies LLC now owns 86,679 shares of the company’s stock valued at $192,000 after purchasing an additional 11,200 shares during the last quarter. Hedge funds and other institutional investors own 7.38% of the company’s stock.

Hycroft Mining Stock Up 0.7 %

Hycroft Mining stock traded up $0.02 during trading hours on Tuesday, hitting $2.79. The stock had a trading volume of 163,557 shares, compared to its average volume of 206,031. The stock’s 50-day moving average price is $2.27 and its 200-day moving average price is $2.34. Hycroft Mining has a 12-month low of $1.87 and a 12-month high of $4.65.

Hycroft Mining Company Profile

Hycroft Mining Holding Corporation, together with its subsidiaries, operates as a gold and silver development company in the United States. The company holds interests in the Hycroft mine that consists of 30 private parcels with patented claims comprising approximately 1,787 acres, and 3,247 unpatented mining claims that encompass approximately 62,298 acres located in the state of Nevada.