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

Manganese X Energy Corp. (OTCMKTS:MNXXF) was the recipient of a large growth in short interest during the month of 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 trading volume of 153,741 shares, the days-to-cover ratio is presently 0.2 days.

Manganese X Energy Trading Up 5.1%

Shares of MNXXF stock traded up $0.00 on Friday, reaching $0.07. The company’s stock had a trading volume of 27,496 shares, compared to its average volume of 99,958. The stock’s fifty day simple moving average is $0.08 and its 200-day simple moving average is $0.09. Manganese X Energy has a 1 year low of $0.03 and a 1 year 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.