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

TMC the metals company Inc. (NASDAQ:TMCWW) was the target of a large 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 Stock Down 18.0 %

NASDAQ:TMCWW opened at $0.10 on Tuesday. The stock has a 50 day moving average of $0.08 and a 200-day moving average of $0.10. TMC the metals has a 52 week low of $0.04 and a 52 week high of $0.32.

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.