Mint Incorporation Limited (NASDAQ:MIMI) Shares Shorted: Short Interest Up 62.9% in September

Mint Incorporation Limited (NASDAQ:MIMI) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 902,159 shares, an increase of 62.9% from the September 15th total of 553,676 shares. Based on an average daily trading volume, of 4,286,784 shares, the days-to-cover ratio is currently 0.2 days. Approximately 6.1% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

MIMI has been the subject of several research analyst reports. Wall Street Zen upgraded shares of Mint Incorporation from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Weiss Ratings downgraded shares of Mint Incorporation from a “sell (d)” rating to a “sell (e+)” rating in a research report on Monday, August 24th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Mint Incorporation currently has an average rating of “Sell”.

Mint Incorporation Price Performance

NASDAQ:MIMI opened at $0.93 on Friday. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.26. Mint Incorporation has a 52-week low of $0.61 and a 52-week high of $76.80. The stock has a 50-day simple moving average of $1.19 and a 200 day simple moving average of $2.19.

Mint Incorporation (NASDAQ:MIMI) last announced its earnings results on Friday, August 14th. The company reported ($0.33) earnings per share (EPS) for the quarter. The company had revenue of ($0.96) million during 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.