Mint Incorporation Limited (NASDAQ:MIMI) Short Interest Update

Mint Incorporation Limited (NASDAQ:MIMI) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 69,724 shares, a growth of 368.6% from the June 15th total of 14,880 shares. Based on an average trading volume of 4,688,733 shares, the days-to-cover ratio is presently 0.0 days. Approximately 3.0% of the company’s shares are short sold.

Insider Activity at Mint Incorporation

In other Mint Incorporation news, CEO Hoi Lung Chan purchased 211,879 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were bought at an average price of $3.01 per share, with a total value of $637,755.79. Following the completion of the transaction, the chief executive officer directly owned 474,379 shares in the company, valued at $1,427,880.79. This trade represents a 80.72% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Institutional Investors Weigh In On Mint Incorporation

Several large investors have recently made changes to their positions in MIMI. Renaissance Technologies LLC acquired a new stake in shares of Mint Incorporation during the fourth quarter worth $90,000. Citadel Advisors LLC acquired a new position in Mint Incorporation in the 3rd quarter worth $151,000. Jane Street Group LLC acquired a new position in Mint Incorporation in the 1st quarter worth $100,000. Finally, Geode Capital Management LLC bought a new position in Mint Incorporation during the 2nd quarter worth about $91,000.

Mint Incorporation Price Performance

NASDAQ MIMI traded up $0.15 during trading hours on Friday, reaching $2.15. 6,218,881 shares of the company’s stock were exchanged, compared to its average volume of 2,466,700. The company’s 50-day moving average is $2.86 and its two-hundred day moving average is $3.05. Mint Incorporation has a one year low of $1.97 and a one year high of $136.90.

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.