Short Interest in Pensana Plc (OTCMKTS:PNSPF) Declines By 43.2%

Pensana Plc (OTCMKTS:PNSPF) was the recipient of a significant decline in short interest in March. As of March 13th, there was short interest totaling 8,735 shares, a decline of 43.2% from the February 26th total of 15,386 shares. Based on an average trading volume of 1,704 shares, the days-to-cover ratio is currently 5.1 days.

Pensana Stock Performance

PNSPF opened at C$1.15 on Friday. The company’s 50 day moving average is C$1.42 and its 200-day moving average is C$1.48. Pensana has a 1-year low of C$0.41 and a 1-year 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.