Short Interest in TMC the metals company Inc. (NASDAQ:TMCWW) Declines By 83.1%

TMC the metals company Inc. (NASDAQ:TMCWW) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 7,700 shares, a decrease of 83.1% from the February 29th total of 45,500 shares. Based on an average daily volume of 122,100 shares, the short-interest ratio is presently 0.1 days.

TMC the metals Price Performance

NASDAQ:TMCWW traded up $0.01 on Thursday, reaching $0.16. The company’s stock had a trading volume of 1,686 shares, compared to its average volume of 122,090. The stock has a 50 day moving average price of $0.15 and a 200 day moving average price of $0.13. TMC the metals has a 12-month low of $0.05 and a 12-month high of $0.55.

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 the Clarion Clipperton Zone (CCZ) in the south-west of San Diego, California. It primarily explores for nickel, cobalt, copper, and manganese products.