Short Interest in TMC the metals company Inc. (NASDAQ:TMCWW) Rises By 663.5%

Posted by Brenda Bartman on May 30th, 2026

TMC the metals company Inc. (NASDAQ:TMCWW – Get Free Report) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,589 shares, an increase of 663.5% from the April 30th total of 732 shares. Based on an average daily trading volume, of 130,413 shares, the short-interest ratio is currently 0.0 days.

TMC the metals Price Performance

TMC the metals stock opened at $0.34 on Friday. The firm has a 50 day simple moving average of $0.35 and a 200-day simple moving average of $0.94. TMC the metals has a 1-year low of $0.23 and a 1-year high of $3.84.

Institutional Trading of TMC the metals

Hedge funds have recently made changes to their positions in the company. Virtu Financial LLC purchased a new stake in shares of TMC the metals in the 4th quarter valued at approximately $54,000. Meteora Capital LLC purchased a new stake in shares of TMC the metals in the 3rd quarter valued at approximately $55,000. Caption Management LLC purchased a new stake in shares of TMC the metals in the 3rd quarter valued at approximately $96,000. Wolverine Asset Management LLC grew its stake in shares of TMC the metals by 253.1% in the 4th quarter. Wolverine Asset Management LLC now owns 84,457 shares of the company’s stock valued at $109,000 after buying an additional 60,539 shares during the period. Finally, Boothbay Fund Management LLC purchased a new stake in shares of TMC the metals in the 4th quarter valued at approximately $735,000.

TMC the metals Company Profile

(Get Free Report)

The Metals Company (NASDAQ: TMC; warrants: TMCWW) is a mineral exploration and development firm focused on sourcing critical battery metals from polymetallic nodules on the seafloor. Headquartered in Vancouver, British Columbia, the company holds exploration contracts granted by the International Seabed Authority in the Clarion-Clipperton Zone of the Pacific Ocean. Through its subsidiary, Nauru Ocean Resources Inc, The Metals Company is advancing a pipeline of deep-sea resources rich in nickel, cobalt, copper and manganese, crucial for electric vehicle batteries and grid-scale storage systems.

Founded through a reverse merger with SPAC NPV Acquisition Corp.