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

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

TMC the metals Stock Down 8.8 %

Shares of TMC the metals stock traded down $0.01 during trading on Wednesday, hitting $0.14. The company’s stock had a trading volume of 52,848 shares, compared to its average volume of 175,597. The company has a fifty day simple moving average of $0.10 and a two-hundred day simple moving average of $0.10. TMC the metals has a 52 week low of $0.04 and a 52 week high of $0.32.

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.