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

Mint Incorporation Limited (NASDAQ:MIMI) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 356,539 shares, a growth of 186.2% from the August 15th total of 124,564 shares. Approximately 2.4% of the company’s shares are short sold. Based on an average daily volume of 5,458,262 shares, the short-interest ratio is presently 0.1 days.

Mint Incorporation Stock Up 1.2%

MIMI stock opened at $0.98 on Tuesday. The stock’s 50 day simple moving average is $1.74 and its 200 day simple moving average is $2.56. Mint Incorporation has a 12-month low of $0.61 and a 12-month high of $111.15. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.89 and a quick ratio of 1.89.

Mint Incorporation (NASDAQ:MIMI) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.33) EPS for the quarter. The business had revenue of ($0.96) million for the quarter.

Wall Street Analyst Weigh In

MIMI has been the subject of several analyst reports. 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. Wall Street Zen upgraded shares of Mint Incorporation from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

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.