TMC the metals company Inc. (NASDAQ:TMCWW) Sees Large Increase in Short Interest

Posted by Francis Steltz on Jul 29th, 2026

TMC the metals company Inc. (NASDAQ:TMCWW – Get Free Report) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 48,886 shares, a growth of 131.9% from the June 30th total of 21,080 shares. Based on an average daily trading volume, of 149,165 shares, the days-to-cover ratio is presently 0.3 days.

TMC the metals Trading Down 29.8%

NASDAQ TMCWW traded down $0.01 during trading on Wednesday, reaching $0.03. 56,666 shares of the company’s stock traded hands, compared to its average volume of 184,342. TMC the metals has a 12-month low of $0.03 and a 12-month high of $3.84. The company’s 50 day simple moving average is $0.20 and its two-hundred day simple moving average is $0.58.

Hedge Funds Weigh In On TMC the metals

Institutional investors have recently bought and sold shares of the business. Virtu Financial LLC bought a new position in TMC the metals in the fourth quarter worth approximately $54,000. Meteora Capital LLC purchased a new position in shares of TMC the metals in the 3rd quarter valued at $55,000. Wolverine Asset Management LLC increased its holdings 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 acquiring an additional 60,539 shares during the period. Caption Management LLC bought a new position in shares of TMC the metals in the 3rd quarter worth $96,000. Finally, Boothbay Fund Management LLC bought a new position in shares of TMC the metals in the 4th quarter worth $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.