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

Mint Incorporation Limited (NASDAQ:MIMIGet Free Report) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 686,058 shares, a decline of 32.0% from the March 15th total of 1,009,502 shares. Based on an average daily trading volume, of 254,958 shares, the short-interest ratio is presently 2.7 days. Approximately 3.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Mint Incorporation in a research report on Friday, January 9th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Get Our Latest Stock Report on MIMI

Institutional Investors Weigh In On Mint Incorporation

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MIMI. Renaissance Technologies LLC acquired a new position in shares of Mint Incorporation in the 4th quarter valued at about $90,000. Citadel Advisors LLC acquired a new stake in Mint Incorporation during the third quarter worth about $151,000. Jane Street Group LLC grew its holdings in Mint Incorporation by 71.5% during the second quarter. Jane Street Group LLC now owns 32,803 shares of the company’s stock worth $217,000 after acquiring an additional 13,671 shares during the period. Finally, Geode Capital Management LLC purchased a new position in Mint Incorporation during the second quarter valued at approximately $91,000.

Mint Incorporation Trading Up 100.3%

Shares of NASDAQ:MIMI traded up $0.26 during trading on Tuesday, hitting $0.53. The stock had a trading volume of 372,469,628 shares, compared to its average volume of 10,266,479. Mint Incorporation has a 12-month low of $0.25 and a 12-month high of $13.69. The stock has a 50-day simple moving average of $0.30 and a two-hundred day simple moving average of $1.64.

Mint Incorporation (NASDAQ:MIMIGet Free Report) last issued its earnings results on Tuesday, March 31st. The company reported ($0.18) EPS for the quarter. The company had revenue of $0.49 million during the quarter.

Mint Incorporation Company Profile

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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.

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