Short Interest in TMC the metals company Inc. (NASDAQ:TMCWW) Rises By 84.0%

TMC the metals company Inc. (NASDAQ:TMCWW) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 18,400 shares, a growth of 84.0% from the February 28th total of 10,000 shares. Based on an average daily trading volume, of 105,700 shares, the days-to-cover ratio is presently 0.2 days.

TMC the metals Stock Performance

NASDAQ:TMCWW opened at $0.19 on Friday. TMC the metals has a 1 year low of $0.04 and a 1 year high of $0.32. The stock’s fifty day moving average price is $0.20 and its two-hundred day moving average price is $0.12.

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 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.