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

Mint Incorporation Limited (NASDAQ:MIMI) was the target of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 233,322 shares, a decline of 93.5% from the April 15th total of 3,598,875 shares. Approximately 10.1% of the shares of the company are short sold. Based on an average daily trading volume, of 907,617 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Mint Incorporation

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC acquired a new stake in Mint Incorporation in the fourth quarter worth approximately $90,000. Jane Street Group LLC lifted its position in Mint Incorporation by 71.5% in the second quarter. Jane Street Group LLC now owns 32,803 shares of the company’s stock worth $217,000 after purchasing an additional 13,671 shares during the period. Citadel Advisors LLC acquired a new stake in Mint Incorporation in the third quarter worth approximately $151,000. Finally, Geode Capital Management LLC acquired a new stake in Mint Incorporation in the second quarter worth approximately $91,000.

Mint Incorporation Stock Performance

Shares of NASDAQ MIMI traded down $0.12 during midday trading on Monday, hitting $2.78. 175,915 shares of the company’s stock were exchanged, compared to its average volume of 2,071,993. The stock’s 50 day moving average price is $3.02 and its 200-day moving average price is $7.31. Mint Incorporation has a twelve month low of $2.22 and a twelve month high of $136.90.

Mint Incorporation (NASDAQ:MIMI) last issued its quarterly earnings data on Tuesday, March 31st. The company reported ($1.75) earnings per share (EPS) for the quarter. The firm had revenue of $0.49 million during 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.