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

Mint Incorporation Limited (NASDAQ:MIMI) was the recipient of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 1,244,601 shares, an increase of 52.1% from the February 12th total of 818,050 shares. Based on an average trading volume of 3,021,808 shares, the short-interest ratio is presently 0.4 days. Currently, 5.4% of the shares of the company are short sold. Currently, 5.4% of the shares of the company are short sold. Based on an average trading volume of 3,021,808 shares, the short-interest ratio is presently 0.4 days.

Analyst Upgrades and Downgrades

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, the company presently has an average rating of “Sell”.

Institutional Trading of Mint Incorporation

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Renaissance Technologies LLC bought a new stake in shares of Mint Incorporation during the 4th quarter valued at $90,000. Geode Capital Management LLC purchased a new stake in Mint Incorporation in the 2nd quarter worth $91,000. Jane Street Group LLC bought a new stake in Mint Incorporation during the first quarter valued at about $100,000. Finally, Citadel Advisors LLC purchased a new position in shares of Mint Incorporation in the third quarter valued at about $151,000.

Mint Incorporation Price Performance

Mint Incorporation stock opened at $0.33 on Monday. The firm has a 50 day moving average of $0.32 and a 200 day moving average of $2.83. Mint Incorporation has a 12-month low of $0.25 and a 12-month high of $13.69.

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.