Mint Incorporation Limited (NASDAQ:MIMI) Short Interest Down 80.1% in June

Mint Incorporation Limited (NASDAQ:MIMI) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 14,880 shares, a decline of 80.1% from the May 31st total of 74,768 shares. Based on an average daily volume of 77,511 shares, the short-interest ratio is currently 0.2 days. Currently, 0.6% of the shares of the company are short sold.

Insider Buying and Selling at Mint Incorporation

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC purchased a new position in shares of Mint Incorporation in the 4th quarter worth $90,000. Citadel Advisors LLC purchased a new stake in Mint Incorporation during the third quarter valued at about $151,000. Jane Street Group LLC acquired a new stake in Mint Incorporation during the first quarter worth about $100,000. Finally, Geode Capital Management LLC acquired a new stake in Mint Incorporation during the second quarter worth about $91,000.

Mint Incorporation Trading Up 19.2%

NASDAQ MIMI opened at $3.23 on Friday. The business’s 50 day moving average is $3.07 and its two-hundred day moving average is $3.18. Mint Incorporation has a 12-month low of $2.22 and a 12-month high of $136.90.

Mint Incorporation (NASDAQ:MIMI) last announced its quarterly earnings data on Tuesday, March 31st. The company reported ($1.75) EPS for the quarter. The company 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.