Mint Incorporation Limited (NASDAQ:MIMI) Shares Shorted: Short Interest Up 62.9% in September

Mint Incorporation Limited (NASDAQ:MIMI) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 902,159 shares, a growth of 62.9% from the September 15th total of 553,676 shares. Based on an average trading volume of 4,286,784 shares, the short-interest ratio is presently 0.2 days. Currently, 6.1% of the company’s shares are short sold.

Wall Street Analyst Weigh In

MIMI has been the subject of a number of research analyst reports. Weiss Ratings lowered 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 investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, Mint Incorporation currently has a consensus rating of “Sell”.

Mint Incorporation Stock Down 3.6%

Shares of Mint Incorporation stock opened at $0.93 on Friday. The company has a 50-day simple moving average of $1.16 and a two-hundred day simple moving average of $2.18. Mint Incorporation has a one year low of $0.61 and a one year high of $76.80. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.26.

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

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.