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

Posted by Stephan Jacobs on May 29th, 2026

TMC the metals company Inc. (NASDAQ:TMCWW – Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 5,589 shares, a growth 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 presently 0.0 days.

TMC the metals Stock Down 10.7%

Shares of TMCWW stock traded down $0.04 during trading hours on Friday, reaching $0.34. 81,030 shares of the stock were exchanged, compared to its average volume of 197,207. The business’s fifty day moving average is $0.36 and its two-hundred day moving average is $0.94. TMC the metals has a 12-month low of $0.23 and a 12-month high of $3.84.

Hedge Funds Weigh In On TMC the metals

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Virtu Financial LLC acquired a new position in TMC the metals in the fourth quarter valued at approximately $54,000. Meteora Capital LLC purchased a new position in TMC the metals in the third quarter worth $55,000. Caption Management LLC purchased a new position in shares of TMC the metals in the third quarter valued at $96,000. Wolverine Asset Management LLC increased its position in shares of TMC the metals by 253.1% in the fourth 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 in the last quarter. Finally, Boothbay Fund Management LLC acquired a new stake in shares of TMC the metals during the fourth quarter valued at $735,000.

About TMC the metals

(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.