Pensana Plc (OTCMKTS:PNSPF – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 3,000 shares, a growth of 365.1% from the September 15th total of 645 shares. Based on an average daily trading volume, of 12,562 shares, the short-interest ratio is presently 0.2 days.
Pensana Stock Performance
PNSPF stock remained flat at C$0.55 during midday trading on Friday. Pensana has a twelve month low of C$0.55 and a twelve month high of C$2.58. The company’s 50 day simple moving average is C$0.88 and its 200-day simple moving average is C$1.08.
About Pensana
Pensana plc is a United Kingdom-based rare earths company focused on developing an integrated supply chain for magnet metals, particularly neodymium and praseodymium (NdPr). These elements are used in high-strength permanent magnets found in electric vehicles, wind turbines, robotics and other advanced technologies.
The company’s principal asset is the Longonjo Rare Earths Project in Angola, which is intended to produce a mixed rare earth carbonate containing NdPr and other rare earth elements.
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