Pensana Plc (OTCMKTS:PNSPF) Short Interest Update

Pensana Plc (OTCMKTS:PNSPF) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 12,500 shares, an increase of 400.0% from the November 30th total of 2,500 shares. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is presently 6.3 days.

Pensana Price Performance

Shares of PNSPF remained flat at C$0.34 on Thursday. The business’s 50 day simple moving average is C$0.32 and its two-hundred day simple moving average is C$0.25. Pensana has a 52 week low of C$0.19 and a 52 week high of C$0.35.

About Pensana

Pensana Plc engages in the exploration and development of mineral properties in Angola. The company primarily explores for neodymium and praseodymium (NdPr) deposits. Its flagship assets are the Saltend rare earth project located in the United Kingdom and the Longonjo NdPr project located in Angola. The company was formerly known as Pensana Rare Earths Plc and changed its name to Pensana Plc in February 2021.