Manganese X Energy Corp. (OTCMKTS:MNXXF) Short Interest Update

Manganese X Energy Corp. (OTCMKTS:MNXXF) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totaling 17,306 shares, a decline of 62.3% from the March 15th total of 45,867 shares. Based on an average daily trading volume, of 158,638 shares, the days-to-cover ratio is presently 0.1 days.

Manganese X Energy Price Performance

Shares of MNXXF stock remained flat at $0.08 during trading hours on Tuesday. The stock had a trading volume of 68,713 shares, compared to its average volume of 105,470. Manganese X Energy has a one year low of $0.03 and a one year high of $0.13. The business’s fifty day simple moving average is $0.09 and its two-hundred day simple moving average is $0.09.

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.