Short Interest in Pensana Plc (OTCMKTS:PNSPF) Rises By 85.2%

Pensana Plc (OTCMKTS:PNSPF) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 15,386 shares, an increase of 85.2% from the February 12th total of 8,307 shares. Based on an average daily trading volume, of 1,524 shares, the short-interest ratio is currently 10.1 days. Based on an average daily trading volume, of 1,524 shares, the short-interest ratio is currently 10.1 days.

Pensana Price Performance

PNSPF stock remained flat at C$1.48 during trading on Friday. The company had a trading volume of 1 shares, compared to its average volume of 3,641. Pensana has a fifty-two week low of C$0.41 and a fifty-two week high of C$2.58. The business’s fifty day simple moving average is C$1.42 and its 200 day simple moving average is C$1.50.

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.