Short Interest in Pensana Plc (OTCMKTS:PNSPF) Rises By 1,124.7%

Pensana Plc (OTCMKTS:PNSPF) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 10,116 shares, an increase of 1,124.7% from the August 15th total of 826 shares. Based on an average daily trading volume, of 2,572 shares, the short-interest ratio is currently 3.9 days.

Pensana Stock Down 5.9%

Shares of PNSPF stock traded down C$0.06 during midday trading on Thursday, reaching C$0.88. 2,900 shares of the company were exchanged, compared to its average volume of 3,503. The company’s 50 day moving average price is C$0.98 and its two-hundred day moving average price is C$1.19. Pensana has a 12 month low of C$0.78 and a 12 month high of C$2.58.

About Pensana

Pensana Plc is a critical metals company engaged in the exploration, development and processing of rare earth elements essential for clean energy and high‐technology applications. The company’s flagship asset is the Longonjo rare earths project in Angola, which is being advanced toward production of neodymium and praseodymium—key magnets in electric vehicles, wind turbines and consumer electronics. Pensana has structured its operations to address both upstream mining and downstream beneficiation, ensuring that its concentrate is processed into separated rare earth oxides.

To support a robust and secure supply chain, Pensana is developing the Saltend rare earth processing facility in the United Kingdom.