Manganese X Energy Corp. (OTCMKTS:MNXXF) Short Interest Up 353.1% in April

Manganese X Energy Corp. (OTCMKTS:MNXXF) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totaling 78,405 shares, an increase of 353.1% from the March 31st total of 17,306 shares. Based on an average daily volume of 129,833 shares, the days-to-cover ratio is presently 0.6 days.

Manganese X Energy Stock Performance

MNXXF stock opened at $0.08 on Friday. The business has a 50 day moving average price of $0.09 and a two-hundred day moving average price of $0.09. Manganese X Energy has a twelve month low of $0.03 and a twelve month high of $0.13.

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.