Mint Incorporation Limited (NASDAQ:MIMI) Short Interest Up 424.6% in April

Mint Incorporation Limited (NASDAQ:MIMI) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totaling 3,598,875 shares, a growth of 424.6% from the March 31st total of 686,058 shares. Based on an average daily volume of 40,080,620 shares, the short-interest ratio is presently 0.1 days. Currently, 15.6% of the shares of the stock are sold short.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Mint Incorporation

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC acquired a new position in Mint Incorporation in the fourth quarter valued at about $90,000. Citadel Advisors LLC bought a new position in shares of Mint Incorporation during the third quarter worth $151,000. Jane Street Group LLC bought a new stake in shares of Mint Incorporation in the 1st quarter valued at $100,000. Finally, Geode Capital Management LLC bought a new position in Mint Incorporation during the second quarter worth about $91,000.

Mint Incorporation Stock Down 0.5%

Shares of NASDAQ MIMI traded down $0.00 during midday trading on Friday, hitting $0.32. The stock had a trading volume of 757,586 shares, compared to its average volume of 20,499,736. Mint Incorporation has a fifty-two week low of $0.25 and a fifty-two week high of $13.69. The company’s 50-day simple moving average is $0.31 and its 200 day simple moving average is $1.20.

Mint Incorporation (NASDAQ:MIMI) last issued its earnings results on Tuesday, March 31st. The company reported ($0.18) earnings per share (EPS) for the quarter. The firm had revenue of $0.49 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.