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

Mint Incorporation Limited (NASDAQ:MIMI) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 102,825 shares, a decrease of 56.4% from the November 30th total of 235,587 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 268,292 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 268,292 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on MIMI shares. Wall Street Zen raised shares of Mint Incorporation to a “hold” rating in a report on Saturday, October 11th. Weiss Ratings restated a “sell (d-)” rating on shares of Mint Incorporation in a report on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Mint Incorporation Stock Down 10.7%

Shares of Mint Incorporation stock traded down $0.04 on Friday, hitting $0.32. The stock had a trading volume of 242,998 shares, compared to its average volume of 6,647,632. Mint Incorporation has a 52-week low of $0.25 and a 52-week high of $13.69. The company’s 50 day moving average price is $1.78 and its 200 day moving average price is $5.66.

Hedge Funds Weigh In On Mint Incorporation

A number of large investors have recently made changes to their positions in the stock. Jane Street Group LLC grew its holdings in Mint Incorporation by 71.5% during the 2nd quarter. Jane Street Group LLC now owns 32,803 shares of the company’s stock valued at $217,000 after buying an additional 13,671 shares during the last quarter. Citadel Advisors LLC acquired a new position in Mint Incorporation in the third quarter valued at $151,000. Finally, Geode Capital Management LLC purchased a new stake in shares of Mint Incorporation during the 2nd quarter worth about $91,000.

Mint Incorporation Company Profile

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.