Manganese X Energy Corp. (OTCMKTS:MNXXF) Short Interest Down 52.6% in February

Manganese X Energy Corp. (OTCMKTS:MNXXF) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 65,992 shares, a decrease of 52.6% from the January 29th total of 139,137 shares. Based on an average daily trading volume, of 172,676 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 172,676 shares, the days-to-cover ratio is currently 0.4 days.

Manganese X Energy Price Performance

OTCMKTS MNXXF opened at $0.10 on Friday. Manganese X Energy has a twelve month low of $0.03 and a twelve month high of $0.13. The company’s 50-day simple moving average is $0.10 and its 200 day simple moving average is $0.08.

About Manganese X Energy

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.