Mingteng International Corporation Inc. (NASDAQ:MTEN) Short Interest Up 57.4% in July

Posted by Jessica Moore on Aug 19th, 2026

Mingteng International Corporation Inc. (NASDAQ:MTEN – Get Free Report) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 104,628 shares, a growth of 57.4% from the July 15th total of 66,464 shares. Currently, 1.6% of the company’s shares are short sold. Based on an average daily volume of 2,759,361 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on MTEN. Wall Street Zen upgraded shares of Mingteng International to a “hold” rating in a research report on Saturday, July 25th. Weiss Ratings cut shares of Mingteng International from a “sell (d)” rating to a “sell (d-)” rating in a research report on Tuesday, August 4th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Mingteng International has a consensus rating of “Sell”.

Read Our Latest Analysis on MTEN

Mingteng International Stock Performance

Shares of MTEN stock opened at $1.12 on Wednesday. The firm has a 50 day moving average of $1.45 and a 200-day moving average of $1.41. The company has a quick ratio of 1.00, a current ratio of 1.19 and a debt-to-equity ratio of 0.03. Mingteng International has a 52 week low of $0.80 and a 52 week high of $2,658.00.

Mingteng International Company Profile

(Get Free Report)

Mingteng International Group Limited is a special-purpose acquisition company incorporated in the Cayman Islands with a focus on business combinations in the Greater China region. Sponsored by Guangdong Mingteng Investment Holdings Group Co, Ltd., the company completed its initial public offering on the NASDAQ under the ticker MTEN in early 2023. Its primary objective is to leverage sponsor expertise and industry relationships to identify and merge with businesses in high-growth sectors.

The company targets acquisitions across advanced manufacturing, new energy, healthcare, technology and related industries that exhibit strong growth potential.