Mint Incorporation Limited (NASDAQ:MIMI) Short Interest Update

Mint Incorporation Limited (NASDAQ:MIMI) was the recipient of a significant growth in short interest during the month of 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 shares of the company are short sold. Based on an average daily trading volume, of 5,458,262 shares, the days-to-cover ratio is presently 0.1 days.

Mint Incorporation Stock Performance

Shares of Mint Incorporation stock traded up $0.01 on Monday, hitting $0.98. 495,144 shares of the company were exchanged, compared to its average volume of 12,181,117. Mint Incorporation has a 1-year low of $0.61 and a 1-year high of $111.15. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.26. The company has a 50-day moving average price of $1.74 and a 200 day moving average price of $2.56.

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

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Weiss Ratings downgraded shares of Mint Incorporation from a “sell (d)” rating to a “sell (e+)” rating in a research report on Monday, August 24th. Wall Street Zen raised Mint Incorporation from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

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.