Manganese X Energy Corp. (OTCMKTS:MNXXF) Short Interest Down 89.8% in June

Manganese X Energy Corp. (OTCMKTS:MNXXF) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,306 shares, a drop of 89.8% from the May 31st total of 12,850 shares. Based on an average daily trading volume, of 275,318 shares, the days-to-cover ratio is currently 0.0 days.

Manganese X Energy Stock Performance

Shares of Manganese X Energy stock traded down $0.00 during midday trading on Friday, hitting $0.08. The company’s stock had a trading volume of 65,250 shares, compared to its average volume of 99,398. Manganese X Energy has a 1-year low of $0.03 and a 1-year high of $0.13. The stock has a 50-day simple moving average of $0.08 and a 200-day simple moving average of $0.09.

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.