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

TMC the metals company Inc. (NASDAQ:TMCWW) was the recipient of a large growth in short interest in the month of 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 short-interest ratio is currently 0.2 days.

TMC the metals Stock Performance

Shares of NASDAQ:TMCWW opened at $0.19 on Monday. TMC the metals has a 12 month low of $0.04 and a 12 month high of $0.32. The company’s fifty day simple moving average is $0.20 and its 200 day simple moving average 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.