Short Interest in Mint Incorporation Limited (NASDAQ:MIMI) Expands By 34.7%

Mint Incorporation Limited (NASDAQ:MIMI) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 138,458 shares, an increase of 34.7% from the December 15th total of 102,825 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 11,888,197 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 11,888,197 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.6% of the company’s shares are sold short.

Institutional Trading of Mint Incorporation

A number of hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC bought a new position in Mint Incorporation during the 2nd quarter valued at approximately $91,000. Jane Street Group LLC bought a new position in Mint Incorporation in the first quarter worth approximately $100,000. Finally, Citadel Advisors LLC bought a new position in shares of Mint Incorporation in the third quarter worth about $151,000.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Mint Incorporation in a research note on Friday, January 9th. Wall Street Zen upgraded shares of Mint Incorporation to a “hold” rating in a report on Saturday, October 11th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Mint Incorporation Stock Down 0.1%

Shares of Mint Incorporation stock traded down $0.00 on Monday, reaching $0.30. 185,723 shares of the company traded hands, compared to its average volume of 7,408,871. Mint Incorporation has a 52 week low of $0.25 and a 52 week high of $13.69. The company has a 50 day moving average of $0.42 and a 200 day moving average of $4.97.

About Mint Incorporation

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.