TMC the metals company Inc. (NASDAQ:TMCWW) Sees Significant Growth in Short Interest

TMC the metals company Inc. (NASDAQ:TMCWW) saw a large growth in short interest in November. As of November 15th, there was short interest totalling 2,600 shares, a growth of 36.8% from the October 31st total of 1,900 shares. Based on an average daily volume of 48,900 shares, the short-interest ratio is currently 0.1 days.

TMC the metals Stock Down 9.0 %

TMCWW stock traded down $0.01 during trading on Friday, reaching $0.07. 14,935 shares of the company were exchanged, compared to its average volume of 64,359. TMC the metals has a 52-week low of $0.04 and a 52-week high of $0.32. The stock’s 50 day moving average price is $0.08 and its 200 day moving average price is $0.12.

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.