Mint Incorporation Limited (NASDAQ:MIMI) Shares Shorted: Short Interest Up 62.9% in September

Mint Incorporation Limited (NASDAQ:MIMI) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 902,159 shares, a growth of 62.9% from the September 15th total of 553,676 shares. Currently, 6.1% of the company’s shares are short sold. Based on an average daily volume of 4,286,784 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Mint Incorporation from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. Weiss Ratings downgraded shares of Mint Incorporation from a “sell (d)” rating to a “sell (e+)” rating in a research note on Monday, August 24th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Mint Incorporation has a consensus rating of “Sell”.

Mint Incorporation Stock Performance

Shares of NASDAQ MIMI opened at $0.93 on Friday. Mint Incorporation has a 52-week low of $0.61 and a 52-week high of $76.80. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.89 and a current ratio of 1.89. The firm has a 50 day moving average price of $1.19 and a 200 day moving average price of $2.19.

Mint Incorporation (NASDAQ:MIMI) last posted its earnings results on Friday, August 14th. The company reported ($0.33) earnings per share for the quarter. The business had revenue of ($0.96) million for the quarter.

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.