Mint Incorporation Limited (NASDAQ:MIMI) Sees Significant Increase in Short Interest

Mint Incorporation Limited (NASDAQ:MIMI) saw a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 195,812 shares, a growth of 24.8% from the January 15th total of 156,958 shares. Based on an average daily volume of 271,578 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.9% of the shares of the company are sold short. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 271,578 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of MIMI. Jane Street Group LLC purchased a new position in Mint Incorporation in the first quarter worth $100,000. Geode Capital Management LLC purchased a new position in shares of Mint Incorporation in the 2nd quarter valued at about $91,000. Citadel Advisors LLC purchased a new position in shares of Mint Incorporation in the 3rd quarter valued at about $151,000. Finally, Renaissance Technologies LLC acquired a new stake in shares of Mint Incorporation in the fourth quarter valued at about $90,000.

Wall Street Analysts Forecast Growth

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

Mint Incorporation Price Performance

MIMI traded down $0.02 during trading on Tuesday, reaching $0.36. The company’s stock had a trading volume of 2,478,842 shares, compared to its average volume of 12,442,194. The company’s fifty day moving average price is $0.33 and its 200-day moving average price is $3.85. Mint Incorporation has a 52-week low of $0.25 and a 52-week high of $13.69.

Mint Incorporation Company Profile

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.