Mint Incorporation Limited (NASDAQ:MIMI) Short Interest Up 317.8% in February

Mint Incorporation Limited (NASDAQ:MIMI) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 818,050 shares, a growth of 317.8% from the January 29th total of 195,812 shares. Approximately 3.6% of the company’s stock are short sold. Based on an average daily volume of 24,372,268 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 24,372,268 shares, the days-to-cover ratio is currently 0.0 days. Approximately 3.6% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Mint Incorporation in a research report on Friday, January 9th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Mint Incorporation Stock Performance

Shares of Mint Incorporation stock opened at $0.39 on Thursday. The firm’s 50 day simple moving average is $0.33 and its two-hundred day simple moving average is $3.51. Mint Incorporation has a 12-month low of $0.25 and a 12-month high of $13.69.

Hedge Funds Weigh In On Mint Incorporation

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in Mint Incorporation during the 1st quarter worth about $100,000. Geode Capital Management LLC purchased a new position in shares of Mint Incorporation in the second quarter worth about $91,000. Citadel Advisors LLC acquired a new stake in shares of Mint Incorporation during the third quarter worth about $151,000. Finally, Renaissance Technologies LLC purchased a new stake in Mint Incorporation in the fourth quarter valued at approximately $90,000.

About Mint Incorporation

Mint, Inc Ltd. is a company that engages in the provision of interior design and fit works. The company offers design services including layout plans and sketches presented in the form of 3d technical drawing and design and fit out services. The company was founded in 2018 and is headquartered in Hong Kong.