Manganese X Energy Corp. (OTCMKTS:MNXXF) Sees Large Growth in Short Interest

Manganese X Energy Corp. (OTCMKTS:MNXXFGet Free Report) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 15,495 shares, an increase of ∞ from the July 30th total of 0 shares. Based on an average daily trading volume, of 101,923 shares, the short-interest ratio is presently 0.2 days.

Manganese X Energy Price Performance

Shares of OTCMKTS:MNXXF opened at $0.07 on Tuesday. The business’s 50 day simple moving average is $0.07 and its 200 day simple moving average is $0.08. Manganese X Energy has a 1 year low of $0.03 and a 1 year high of $0.13.

Manganese X Energy Company Profile

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Manganese X Energy (OTCMKTS: MNXXF) is a mineral exploration and development company dedicated to advancing manganese projects for the battery and electric-vehicle markets. The company’s core focus is on identifying, acquiring and de-risking high-purity manganese deposits through systematic exploration, metallurgical testing and pilot-scale processing. By targeting manganese—a critical component in lithium-ion battery cathodes—Manganese X Energy aims to contribute to the growing demand for sustainable energy storage materials.

Through its technical programs, the company evaluates both hard-rock and oxide manganese occurrences, applying hydrometallurgical flowsheets to produce battery-grade manganese sulfate and other refined products.

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