TMC the metals company Inc. (NASDAQ:TMCWW) Sees Large Drop in Short Interest

TMC the metals company Inc. (NASDAQ:TMCWW) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 1,900 shares, a decline of 85.5% from the October 15th total of 13,100 shares. Based on an average daily volume of 42,100 shares, the days-to-cover ratio is presently 0.0 days.

TMC the metals Stock Down 4.6 %

Shares of NASDAQ TMCWW traded down $0.00 during trading hours on Tuesday, reaching $0.07. The stock had a trading volume of 3,158 shares, compared to its average volume of 63,009. The firm has a 50-day moving average of $0.08 and a 200-day moving average of $0.13. TMC the metals has a fifty-two week low of $0.04 and a fifty-two 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.