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

TMC the metals company Inc. (NASDAQ:TMCWW) saw 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 volume of 105,700 shares, the short-interest ratio is presently 0.2 days.

TMC the metals Price Performance

TMC the metals stock opened at $0.19 on Friday. The business’s 50-day moving average price is $0.20 and its 200 day moving average price is $0.12. 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.