Short Interest in Manganese X Energy Corp. (OTCMKTS:MNXXF) Drops By 77.6%

Manganese X Energy Corp. (OTCMKTS:MNXXF) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 6,884 shares, a decrease of 77.6% from the June 30th total of 30,784 shares. Based on an average trading volume of 192,581 shares, the short-interest ratio is currently 0.0 days.

Manganese X Energy Price Performance

Shares of OTCMKTS MNXXF traded up $0.00 during trading on Monday, hitting $0.07. 16,018 shares of the company were exchanged, compared to its average volume of 99,561. Manganese X Energy has a 1 year low of $0.03 and a 1 year high of $0.13. The firm’s fifty day moving average price is $0.08 and its 200 day moving average price is $0.09.

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.