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

Mint Incorporation Limited (NASDAQ:MIMI) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 553,676 shares, a growth of 55.3% from the August 31st total of 356,539 shares. Based on an average trading volume of 18,117,148 shares, the days-to-cover ratio is presently 0.0 days. Currently, 3.7% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on MIMI shares. Weiss Ratings cut shares of Mint Incorporation from a “sell (d)” rating to a “sell (e+)” rating in a research report on Monday, August 24th. Wall Street Zen upgraded shares of Mint Incorporation from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Mint Incorporation Trading Down 0.5%

Shares of Mint Incorporation stock opened at $0.90 on Friday. The business has a 50 day simple moving average of $1.36 and a two-hundred day simple moving average of $2.34. Mint Incorporation has a 12 month low of $0.61 and a 12 month high of $92.80. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.89 and a quick ratio of 1.89.

Mint Incorporation (NASDAQ:MIMI) last released its earnings results on Friday, August 14th. The company reported ($0.33) earnings per share for the quarter. The firm 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.