Manganese X Energy Corp. (OTCMKTS:MNXXF) Short Interest Up 185.3% in March

Manganese X Energy Corp. (OTCMKTS:MNXXF) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 45,867 shares, a growth of 185.3% from the February 26th total of 16,078 shares. Based on an average trading volume of 134,009 shares, the days-to-cover ratio is currently 0.3 days.

Manganese X Energy Price Performance

Shares of OTCMKTS:MNXXF opened at $0.08 on Thursday. Manganese X Energy has a 52 week low of $0.03 and a 52 week high of $0.13. The company’s 50 day moving average is $0.10 and its two-hundred day moving average is $0.08.

Manganese X Energy Company Profile

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.