Hycroft Mining Holding Co. (NASDAQ:HYMC) Short Interest Update

Hycroft Mining Holding Co. (NASDAQ:HYMC - Get Free Report) was the recipient of a large decline in short interest in January. As of January 31st, there was short interest totalling 1,550,000 shares, a decline of 10.9% from the January 15th total of 1,740,000 shares. Currently, 7.7% of the company's stock are short sold. Based on an average trading volume of 218,800 shares, the short-interest ratio is presently 7.1 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC increased its position in Hycroft Mining by 12.7% during the 3rd quarter. Geode Capital Management LLC now owns 197,589 shares of the company's stock valued at $494,000 after buying an additional 22,302 shares in the last quarter. Waldron Private Wealth LLC increased its position in Hycroft Mining by 37.0% during the 3rd quarter. Waldron Private Wealth LLC now owns 33,060 shares of the company's stock valued at $83,000 after buying an additional 8,931 shares in the last quarter. Virtu Financial LLC increased its position in Hycroft Mining by 59.9% during the 3rd quarter. Virtu Financial LLC now owns 27,305 shares of the company's stock valued at $68,000 after buying an additional 10,228 shares in the last quarter. Northern Trust Corp increased its position in Hycroft Mining by 55.8% during the 4th quarter. Northern Trust Corp now owns 42,241 shares of the company's stock valued at $93,000 after buying an additional 15,124 shares in the last quarter. Finally, Tidal Investments LLC acquired a new position in Hycroft Mining during the 4th quarter valued at about $1,919,000. 7.38% of the stock is owned by institutional investors and hedge funds.

Hycroft Mining Trading Down 11.1 %

Shares of HYMC traded down $0.30 during trading hours on Friday, hitting $2.40. The company had a trading volume of 310,816 shares, compared to its average volume of 204,620. Hycroft Mining has a one year low of $1.87 and a one year high of $4.65. The company's fifty day moving average price is $2.29 and its two-hundred day moving average price is $2.34.

Hycroft Mining Company Profile

Hycroft Mining Holding Corporation, together with its subsidiaries, operates as a gold and silver development company in the United States. The company holds interests in the Hycroft mine that consists of 30 private parcels with patented claims comprising approximately 1,787 acres, and 3,247 unpatented mining claims that encompass approximately 62,298 acres located in the state of Nevada.