Manganese X Energy Corp. (OTCMKTS:MNXXF) Sees Significant Decrease in Short Interest

Manganese X Energy Corp. (OTCMKTS:MNXXF) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 22,273 shares, a decrease of 57.9% from the November 30th total of 52,959 shares. Based on an average trading volume of 132,973 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 132,973 shares, the short-interest ratio is currently 0.2 days.

Manganese X Energy Price Performance

Shares of MNXXF traded down $0.01 during trading hours on Friday, hitting $0.09. The company had a trading volume of 98,356 shares, compared to its average volume of 101,160. The firm has a fifty day moving average price of $0.08 and a 200-day moving average price of $0.06. Manganese X Energy has a 52-week low of $0.02 and a 52-week high of $0.13.

About Manganese X Energy

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.