TMC the metals (TMC)
TMC the metals on one page: short interest, daily short volume, fails to deliver, planned sales, large holders, 13F holders, earnings dates and insider trades. Listed on Nasdaq, classified by the SEC as metal mining.
30.0M
Short interest
settlement 2026-09-30
6.6
Days to cover
+0.5 days vs prior
48.6%
Short share of volume
2026-10-09
924
Fails to deliver
settlement 2026-09-09
Thu 12 Nov
Next earnings
estimated date
$0
Insider flow, 90 days
0 buys, 0 sells
As of 2026-10-09.
Short interest
FINRA, twice a month. The newest 24 settlements in the table, 48 in the chart. JSONAs of 30 September 2026, short interest in TMC is 30,002,765 shares, down 389,097 shares over the last month. Over the last 48 readings it ranged from 8,393,410 shares (13 December 2024) to 30,970,537 shares (15 May 2026). The latest reading sits at the top of that range. At the reported average volume of 4.5M shares a day that is 6.6 days to cover.
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| Settlement | Shares short | Change | Avg daily volume | Days to cover |
|---|---|---|---|---|
| 2026-09-30 | 30,002,765 | +3.2% | 4,515,213 | 6.64 |
| 2026-09-15 | 29,068,472 | -4.3% | 4,700,813 | 6.18 |
| 2026-08-31 | 30,391,862 | +12.2% | 8,852,370 | 3.43 |
| 2026-08-14 | 27,081,796 | +2.2% | 5,335,551 | 5.08 |
| 2026-07-31 | 26,489,742 | -8.7% | 3,858,644 | 6.87 |
| 2026-07-15 | 29,005,417 | +2.5% | 4,251,286 | 6.82 |
| 2026-06-30 | 28,306,111 | +4.8% | 4,931,359 | 5.74 |
| 2026-06-15 | 27,003,125 | -12.8% | 6,667,333 | 4.05 |
| 2026-05-29 | 30,968,696 | -0.0% | 6,146,174 | 5.04 |
| 2026-05-15 | 30,970,537 | +0.1% | 6,731,583 | 4.60 |
| 2026-04-30 | 30,929,352 | -0.0% | 4,521,726 | 6.84 |
| 2026-04-15 | 30,931,494 | +4.8% | 4,546,620 | 6.80 |
| 2026-03-31 | 29,515,240 | +6.2% | 7,719,831 | 3.82 |
| 2026-03-13 | 27,797,964 | -1.1% | 4,211,974 | 6.60 |
| 2026-02-27 | 28,105,774 | -0.6% | 3,812,881 | 7.37 |
| 2026-02-13 | 28,269,060 | +5.7% | 7,430,055 | 3.80 |
| 2026-01-30 | 26,734,152 | -2.1% | 16,546,874 | 1.62 |
| 2026-01-15 | 27,297,547 | -4.5% | 7,522,755 | 3.63 |
| 2025-12-31 | 28,570,603 | +1.1% | 7,732,498 | 3.69 |
| 2025-12-15 | 28,271,636 | -6.0% | 9,840,175 | 2.87 |
| 2025-11-28 | 30,086,946 | +18.0% | 9,872,289 | 3.05 |
| 2025-11-14 | 25,500,730 | +2.1% | 6,721,670 | 3.79 |
| 2025-10-31 | 24,973,250 | +0.3% | 7,560,569 | 3.30 |
| 2025-10-15 | 24,902,580 | -2.8% | 17,191,871 | 1.45 |
Daily short volume
FINRA Reg SHO, the last 30 sessions. JSONAs of 9 October 2026, the short share of TMC volume is 48.6%, up 0.1 points over the last five sessions. Over the last 30 readings it ranged from 32.5% (23 September 2026) to 50.4% (14 September 2026). The latest reading is 6.3 points above the 30-session average of 42.3%, on 2.3M shares reported.
| Date | Short volume | Total volume | Short share | Exempt |
|---|---|---|---|---|
| 2026-10-09 | 1.1M | 2.3M | 48.6% | 8,200 |
| 2026-10-08 | 1.2M | 2.8M | 42.9% | 1,013 |
| 2026-10-07 | 955K | 2.2M | 44.3% | 654 |
| 2026-10-06 | 873K | 2.1M | 41.1% | 813 |
| 2026-10-05 | 893K | 1.9M | 47.6% | 2,135 |
| 2026-10-02 | 986K | 2.0M | 48.4% | 6,331 |
| 2026-10-01 | 976K | 2.2M | 44.6% | 8,033 |
| 2026-09-30 | 1.2M | 3.2M | 39.0% | 22,140 |
| 2026-09-29 | 890K | 2.4M | 36.6% | 3 |
| 2026-09-28 | 599K | 1.5M | 39.7% | 4,886 |
| 2026-09-25 | 492K | 1.2M | 41.9% | 20,821 |
| 2026-09-24 | 899K | 2.0M | 45.6% | 383 |
| 2026-09-23 | 818K | 2.5M | 32.5% | 616 |
| 2026-09-22 | 1.2M | 2.8M | 42.2% | 1,772 |
| 2026-09-21 | 1.2M | 3.8M | 32.8% | 9,727 |
| 2026-09-18 | 800K | 1.8M | 44.1% | 0 |
| 2026-09-17 | 660K | 1.9M | 35.7% | 1,300 |
| 2026-09-16 | 1.4M | 2.8M | 48.2% | 17,060 |
| 2026-09-15 | 1.8M | 4.0M | 44.2% | 2,804 |
| 2026-09-14 | 1.4M | 2.7M | 50.4% | 794 |
| 2026-09-11 | 680K | 1.7M | 40.7% | 3,544 |
| 2026-09-10 | 1.2M | 2.5M | 46.5% | 1,517 |
| 2026-09-09 | 723K | 1.8M | 41.2% | 1,921 |
| 2026-09-08 | 1.3M | 3.0M | 42.3% | 326 |
| 2026-09-04 | 920K | 2.0M | 45.4% | 124 |
| 2026-09-03 | 1.3M | 3.0M | 44.6% | 0 |
| 2026-09-02 | 1.2M | 2.7M | 43.5% | 1,083 |
| 2026-09-01 | 1.6M | 3.8M | 43.5% | 0 |
| 2026-08-31 | 1.3M | 3.6M | 34.8% | 515 |
| 2026-08-28 | 1.7M | 4.9M | 35.3% | 13,298 |
Fails to deliver
SEC, the last 30 settlement dates with a fail. JSONAs of 9 September 2026, the fails-to-deliver balance in TMC is 924 shares, down 49,837 shares over the last settlement date. Over the last 30 readings it ranged from 2 shares (8 July 2026) to 604,296 shares (20 August 2026). The latest reading sits at the bottom of that range.
| Settlement | Shares failed | Price | Value |
|---|---|---|---|
| 2026-09-09 | 924 | $4.43 | $4K |
| 2026-09-04 | 50,761 | $4.40 | $223K |
| 2026-09-03 | 83,726 | $4.59 | $384K |
| 2026-09-02 | 36 | $4.46 | $161 |
| 2026-09-01 | 76,018 | $4.77 | $363K |
| 2026-08-28 | 48,437 | $5.09 | $247K |
| 2026-08-27 | 64,702 | $5.01 | $324K |
| 2026-08-26 | 17,429 | $4.96 | $86K |
| 2026-08-24 | 1,929 | $4.79 | $9K |
| 2026-08-21 | 476,459 | $3.97 | $1.9M |
| 2026-08-20 | 604,296 | $3.97 | $2.4M |
| 2026-08-19 | 206,874 | $3.92 | $811K |
| 2026-08-18 | 103,943 | $3.77 | $392K |
| 2026-08-17 | 85,304 | $4.01 | $342K |
| 2026-08-12 | 4,746 | $4.55 | $22K |
| 2026-08-11 | 17 | $4.43 | $75 |
| 2026-08-06 | 49 | $4.02 | $197 |
| 2026-08-05 | 2,299 | $3.95 | $9K |
| 2026-08-03 | 13,772 | $3.56 | $49K |
| 2026-07-29 | 30,058 | $3.59 | $108K |
| 2026-07-28 | 292 | $3.78 | $1K |
| 2026-07-27 | 9,282 | $3.67 | $34K |
| 2026-07-23 | 25 | $3.93 | $98 |
| 2026-07-16 | 6,886 | $4.11 | $28K |
| 2026-07-14 | 7,282 | $3.99 | $29K |
| 2026-07-13 | 1,203 | $4.21 | $5K |
| 2026-07-08 | 2 | $4.04 | $8 |
| 2026-07-07 | 9,122 | $4.24 | $39K |
| 2026-07-06 | 7,642 | $4.23 | $32K |
| 2026-07-02 | 115,877 | $4.36 | $505K |
Insider trades
SEC Form 4, newest first, 50 of 100 shown. JSONNo open-market insider trades were reported for TMC in the last 90 days. The most recent filings are listed below. Latest filing: Mallon Liam M (Director) on 2026-09-28.
| Date | Insider | Title | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|---|
| 2026-09-28 | Mallon Liam M | Director | Grant | 78K | $0.00 | $0 | 103K |
| 2026-09-25 | Mallon Liam M | Director | Grant | 25K | $0.00 | $0 | 25K |
| 2026-09-11 | Hall Andrew | Director | Grant | 73K | $0.00 | $0 | 467K |
| 2026-07-01 | Allseas Group S.A. | 10% owner | Buy | 7.3M | $4.66 | $34.0M | 62.4M |
| 2026-06-02 | May Brendan | Director | Sell | 21K | $6.42 | $133K | 193K |
| 2026-05-29 | ERAS Capital LLC | TenPercentOwner | Grant | 17K | $0.00 | $0 | 460K |
| 2026-05-29 | ERAS Capital LLC | TenPercentOwner | Grant | 18K | $0.00 | $0 | 443K |
| 2026-05-29 | May Brendan | Director | Grant | 17K | $0.00 | $0 | 214K |
| 2026-05-29 | Madsbjerg Christian | Director | Grant | 17K | $0.00 | $0 | 410K |
| 2026-05-29 | Madsbjerg Christian | Director | Grant | 19K | $0.00 | $0 | 394K |
| 2026-05-29 | Khama Sheila | Director | Grant | 17K | $0.00 | $0 | 354K |
| 2026-05-29 | Khama Sheila | Director | Grant | 17K | $0.00 | $0 | 337K |
| 2026-05-29 | Hall Andrew | Director | Grant | 17K | $0.00 | $0 | 394K |
| 2026-05-29 | Hall Andrew | Director | Grant | 18K | $0.00 | $0 | 378K |
| 2026-05-29 | Greig Andrew Carlyle | Director | Grant | 17K | $0.00 | $0 | 5.1M |
| 2026-05-29 | Greig Andrew Carlyle | Director | Grant | 20K | $0.00 | $0 | 5.1M |
| 2026-05-29 | Karkar Andrei | Director, 10% owner | Grant | 17K | $0.00 | $0 | 460K |
| 2026-05-29 | Karkar Andrei | Director, 10% owner | Grant | 18K | $0.00 | $0 | 443K |
| 2026-04-13 | Shesky Craig | Chief Financial Officer | Grant | 454K | $0.00 | $0 | 1.9M |
| 2026-04-13 | ILVES Erika | Chief Strategy Officer | Grant | 454K | $0.00 | $0 | 5.2M |
| 2026-04-13 | Barron Gerard | Chairman & CEO | Grant | 816K | $0.00 | $0 | 41.8M |
| 2026-03-26 | Shesky Craig | Chief Financial Officer | Sell | 215K | $4.53 | $977K | 1.4M |
| 2026-03-25 | Shesky Craig | Chief Financial Officer | Sell | 78K | $4.58 | $358K | 1.6M |
| 2026-03-24 | Shesky Craig | Chief Financial Officer | Sell | 52K | $4.74 | $246K | 1.7M |
| 2026-03-20 | Shesky Craig | Chief Financial Officer | Option exercise | 208K | $0.00 | $0 | 1.8M |
| 2026-03-20 | Shesky Craig | Chief Financial Officer | Option exercise | 167K | $0.00 | $0 | 1.6M |
| 2026-03-20 | Shesky Craig | Chief Financial Officer | Option exercise | 188K | $0.00 | $0 | 1.4M |
| 2026-02-10 | Shesky Craig | Chief Financial Officer | Option exercise | 63K | $0.65 | $41K | 1.2M |
| 2026-02-06 | Madsbjerg Christian | Director | Option exercise | 32K | $0.65 | $21K | 375K |
| 2026-02-06 | Madsbjerg Christian | Director | Option exercise | 12K | $0.52 | $6K | 343K |
| 2026-02-06 | Karkar Andrei | Director, 10% owner | Option exercise | 32K | $0.65 | $21K | 426K |
| 2026-02-03 | Karkar Andrei | Director, 10% owner | Option exercise | 64K | $0.52 | $33K | 394K |
| 2026-01-08 | Greig Andrew Carlyle | Director | Option exercise | 32K | $0.65 | $21K | 5.1M |
| 2026-01-08 | Greig Andrew Carlyle | Director | Option exercise | 579K | $2.60 | $1.5M | 5.0M |
| 2026-01-08 | Greig Andrew Carlyle | Director | Option exercise | 12K | $0.52 | $6K | 4.5M |
| 2025-12-02 | O'Sullivan Anthony | Chief Development Officer | Sell | 50K | $6.77 | $339K | 2.0M |
| 2025-11-28 | O'Sullivan Anthony | Chief Development Officer | Sell | 50K | $6.51 | $326K | 2.1M |
| 2025-09-24 | ILVES Erika | Chief Strategy Officer | Option exercise | 253K | $0.65 | $164K | 4.8M |
| 2025-09-24 | ILVES Erika | Chief Strategy Officer | Option exercise | 262K | $0.65 | $170K | 4.5M |
| 2025-09-24 | ILVES Erika | Chief Strategy Officer | Option exercise | 1.1M | $0.65 | $715K | 4.2M |
| 2025-09-23 | O'Sullivan Anthony | Chief Development Officer | Grant | 1.0M | $0.00 | $0 | 2.1M |
| 2025-09-23 | ILVES Erika | Chief Strategy Officer | Grant | 2.0M | $0.00 | $0 | 3.1M |
| 2025-09-22 | ILVES Erika | Chief Strategy Officer | Sell | 1.6M | $5.77 | $9.2M | 1.1M |
| 2025-09-02 | Spiro Alex | Director | Grant | 1.8M | $0.00 | $0 | 1.8M |
| 2025-09-02 | Hess Michael Bernard | Director | Grant | 7.5M | $0.00 | $0 | 7.7M |
| 2025-09-02 | Hess Michael Bernard | Director | Grant | 238K | $0.00 | $0 | 238K |
| 2025-08-26 | O'Sullivan Anthony | Chief Development Officer | Sell | 250K | $5.25 | $1.3M | 1.1M |
| 2025-08-26 | O'Sullivan Anthony | Chief Development Officer | Option exercise | 250K | $0.65 | $163K | 1.4M |
| 2025-06-26 | May Brendan | Director | Sell | 44K | $7.38 | $326K | 198K |
| 2025-06-25 | May Brendan | Director | Sell | 25K | $7.80 | $195K | 242K |
Form 4 filings are due within two business days of the trade. Insiders sell for many reasons that say nothing about the company; open-market buys are rarer.
Planned sales (Form 144)
Newest first. JSON4 Form 144 notices on file for TMC worth $9.9M at the prices reported; 0 in the last 90 days worth $0. Latest: May Brendan filed on 2026-06-02 to sell 20,768 shares ($133K) from 2026-06-02.
| Filed | Seller | Shares | Market value | Of outstanding | Sale from | Broker |
|---|---|---|---|---|---|---|
| 2026-06-02 | May BrendanOfficer | 21K | $133K | 0.005% | 2026-06-02 | Merril Lynch |
| 2026-03-25 | Shesky CraigOfficer | 78K | $358K | 0.019% | 2026-03-25 | Merrill Lynch |
| 2026-03-24 | Shesky CraigOfficer | 52K | $246K | 0.013% | 2026-03-24 | Merrill Lynch |
| 2025-09-22 | ILVES ErikaOfficer | 1.6M | $9.2M | 0.392% | 2025-09-22 | Merrill Lynch |
Large holders (13D and 13G)
One row per reporting person with its latest filing, newest first. JSON6 holders report 5% or more of TMC in their latest filing, all on Schedule 13D (active intent). The largest reported stake is Edward Heerema at 15.6% of the class (67,502,501 shares), filed 2026-07-07 for an event on 2026-07-01.
| Filed | Form | Holder | Shares | Of class | Event |
|---|---|---|---|---|---|
| 2026-09-11 | 13D/Ano. 13 | Gerard Barronindividual | 30.8M | 6.9% | 2026-09-09 |
| 2026-07-07 | 13D/Ano. 6 | Edward Heeremaindividual, parent holding company | 67.5M | 15.6% | 2026-07-01 |
| 2026-07-07 | 13D/Ano. 6 | Stichting Administratiekantoor Aequa Lance Foundationcorporation, parent holding company | 67.5M | 15.6% | 2026-07-01 |
| 2026-07-07 | 13D/Ano. 6 | Argentum Cedit Virtuti NVparent holding company, partnership | 67.5M | 15.6% | 2026-07-01 |
| 2026-07-07 | 13D/Ano. 6 | Allseas Investments S.A.corporation, parent holding company | 66.5M | 15.4% | 2026-07-01 |
| 2026-07-07 | 13D/Ano. 6 | Allseas Group S.A.corporation | 66.5M | 15.4% | 2026-07-01 |
| 2026-05-01 | 13G/Ano. 3 | Brumder William Georgeindividual | 14.7M | 3.4% | 2026-03-31 |
13F holders
Tracked managers holding TMC at their latest 13F. JSON7 of the 30 tracked managers held TMC at their latest 13F, $37.1M in total at quarter-end prices. Citadel Advisors is the largest at $14.5M (0.0% of its portfolio) as of 2026-06-30. Over the prior quarter 4 added shares and 3 cut.
| Fund | Quarter | Shares | Value | Of portfolio | Change in shares |
|---|---|---|---|---|---|
| Citadel Advisors | 2026-06-30 | 3.3M | $14.5M | 0.00% | -350K |
| Millennium Management | 2026-06-30 | 2.9M | $13.0M | 0.00% | -130K |
| Renaissance Technologies | 2026-06-30 | 894K | $4.0M | 0.01% | +164K |
| Point72 Asset Management | 2026-06-30 | 822K | $3.6M | 0.00% | +660K |
| D. E. Shaw & Co. | 2026-06-30 | 201K | $892K | 0.00% | +157K |
| AQR Capital Management | 2026-06-30 | 135K | $599K | 0.00% | +97K |
| Two Sigma Investments | 2026-06-30 | 115K | $509K | 0.00% | -224K |
Only the 30 tracked managers on the funds hub; a 13F reports long positions in US listed stock at quarter end, 45 days late, and says nothing about shorts or positions sold since.
What this page is
TMC the metals in the regulatory record
Regulators publish company data in separate files that never sit next to each other: FINRA's twice-monthly short interest, its daily short sale volume, the SEC's fails-to-deliver counts, and each insider's Form 4. A company page puts those series for one ticker on one URL, with planned sales, large holders, 13F holders and financials beside them, so the short position, the daily flow, the settlement fails and what insiders are doing can be read together.
Each section has its own history table, a one-line summary of the latest figures and its own JSON and CSV links, and says when its source last updated.
This page follows TMC the metals (TMC), SEC CIK 1798562, listed on Nasdaq, classified by the SEC as metal mining. The cross-market tables live on the short interest and insider transactions hubs.
Source and updates
- Short interest
- FINRA consolidated short interestSource: FINRA.Twice a month, about eight business days after settlement. Latest 2026-09-30.JSON and CSV
- Daily short volume
- FINRA Reg SHO daily filesSource: FINRA.Every trading day, the morning after FINRA posts it. Latest 2026-10-09.JSON and CSV
- Fails to deliver
- SEC fails-to-deliver dataSource: SEC.Twice a month, a few weeks after the half month ends. Latest 2026-09-09.JSON and CSV
- Planned sales
- SEC EDGAR Form 144Source: SEC.New notices appear shortly after the SEC posts them; a notice is filed on or before the sale. Latest 2026-06-02.JSON and CSV
- Large holders
- SEC EDGAR Schedule 13D and 13GSource: SEC.New filings appear shortly after the SEC posts them. A 13D is due within five business days of crossing 5%; a 13G follows the passive schedule. Latest 2026-09-11.JSON and CSV
- 13F holders
- SEC EDGAR Form 13F-HRSource: SEC.Quarterly, filed within 45 days of quarter end; 30 tracked managers. Latest 2026-06-30.JSON and CSV
- Earnings dates
- SEC EDGAR 8-K filings (Item 2.02)Source: SEC.Twice a day. Reported dates come from the company's 8-K filings; the next date is marked as an estimate until the 8-K arrives. Latest 2026-08-13.JSON and CSV
- Insider trades
- SEC EDGAR Form 4Source: SEC.New filings appear shortly after the SEC posts them; they're due two business days after the trade. Latest 2026-09-28.JSON and CSV
- Company record
- EDGAR filing index for CIK 1798562Ticker, name and exchange from the SEC's company list, refreshed weekly.
- Rate limits
- 10 requests a minute without a key, 30 with a free key from a free account.
How to read it
- Read the position against the flow: rising short interest with a high daily short share is new shorting; rising short interest with a normal short share is old shorts holding on.
- Insider buys next to a large short position are rare and stand out; insider sells next to one are common and mean little.
- Fails to deliver matter relative to the float, not in absolute shares; a million failed shares in a mega cap is noise.
Analysis of what the data shows, not advice. XOOMAR does not recommend buying, selling or holding anything.
Other companies the SEC classifies as metal mining
Other company pages
Datasets
Frequently Asked Questions
How much of TMC is sold short?
What is TMC's daily short volume?
Does TMC have fails to deliver?
Are TMC insiders buying or selling?
Have TMC insiders filed to sell?
Who owns 5% or more of TMC?
Which tracked 13F managers own TMC?
Data on this page is provided for informational purposes only and is not financial advice. See our editorial policy.