TMC the metals company Inc. (NASDAQ:TMCWW) Short Interest Down 91.3% in June

TMC the metals company Inc. (NASDAQ:TMCWW) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totalling 4,100 shares, a decline of 91.3% from the May 31st total of 46,900 shares. Based on an average daily volume of 41,800 shares, the days-to-cover ratio is currently 0.1 days.

TMC the metals Stock Performance

Shares of TMCWW traded up $0.00 during mid-day trading on Friday, reaching $0.18. The stock had a trading volume of 17,600 shares, compared to its average volume of 81,639. The business has a fifty day moving average of $0.18 and a 200 day moving average of $0.16. TMC the metals has a 12 month low of $0.06 and a 12 month high of $0.55.

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.