Short Interest in Manganese X Energy Corp. (OTCMKTS:MNXXF) Expands By 1,861.9%

Manganese X Energy Corp. (OTCMKTS:MNXXFGet Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 82,400 shares, an increase of 1,861.9% from the April 30th total of 4,200 shares. Based on an average daily volume of 134,000 shares, the days-to-cover ratio is presently 0.6 days.

Manganese X Energy Stock Performance

Shares of MNXXF stock opened at $0.05 on Thursday. Manganese X Energy has a fifty-two week low of $0.04 and a fifty-two week high of $0.13. The company has a 50 day moving average price of $0.06 and a 200 day moving average price of $0.07.

Manganese X Energy Company Profile

(Get Free Report)

Manganese X Energy Corp. engages in the acquisition and development of mineral properties in Canada. The company primarily explores for copper, nickel, and cobalt deposits. Its principal project is the Battery Hill manganese property that comprise 55 claims covering an area of approximately 1,228 hectares located in Carlton County, south western New Brunswick.

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