Short Interest in Manganese X Energy Corp. (OTCMKTS:MNXXF) Rises By 2,257.1%

Manganese X Energy Corp. (OTCMKTS:MNXXF) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 30,784 shares, a growth of 2,257.1% from the June 15th total of 1,306 shares. Based on an average daily volume of 153,741 shares, the days-to-cover ratio is presently 0.2 days.

Manganese X Energy Stock Performance

Manganese X Energy stock traded up $0.00 during mid-day trading on Friday, hitting $0.07. The company had a trading volume of 27,496 shares, compared to its average volume of 99,958. Manganese X Energy has a 1 year low of $0.03 and a 1 year high of $0.13. The business has a fifty day moving average of $0.08 and a 200 day 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.