Short Interest in TMC the metals company Inc. (NASDAQ:TMCWW) Decreases By 57.3%

TMC the metals company Inc. (NASDAQ:TMCWW) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 10,000 shares, a drop of 57.3% from the February 13th total of 23,400 shares. Based on an average daily volume of 111,000 shares, the short-interest ratio is presently 0.1 days.

TMC the metals Trading Down 3.0 %

TMCWW stock opened at $0.20 on Friday. The business has a 50-day simple moving average of $0.18 and a two-hundred day simple moving average of $0.11. 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.