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

Manganese X Energy Corp. (OTCMKTS:MNXXF) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 6,694 shares. Based on an average trading volume of 87,612 shares, the days-to-cover ratio is presently 0.1 days.

Manganese X Energy Stock Performance

Shares of OTCMKTS MNXXF opened at $0.06 on Monday. Manganese X Energy has a twelve month low of $0.05 and a twelve month high of $0.13. The stock has a 50 day moving average of $0.07 and a two-hundred day moving average of $0.08.

About Manganese X Energy

Manganese X Energy Corp. is a Canadian mineral exploration and development company focused on advancing manganese resources for use in the electric-vehicle and energy-storage industries. The company’s primary asset is the Battery Hill manganese project near Woodstock, New Brunswick, Canada.

Manganese X is working to evaluate and develop Battery Hill as a potential source of battery-grade manganese products, including high-purity manganese sulphate used in certain lithium-ion battery chemistries.