Pensana Plc (OTCMKTS:PNSPF) Short Interest Update

Pensana Plc (OTCMKTS:PNSPF) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 2,240 shares, an increase of 1,918.0% from the November 30th total of 111 shares. Based on an average trading volume of 5,946 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 5,946 shares, the days-to-cover ratio is presently 0.4 days.

Pensana Stock Up 5.0%

PNSPF opened at C$1.26 on Friday. Pensana has a 52 week low of C$0.41 and a 52 week high of C$2.58. The business’s fifty day simple moving average is C$1.40 and its 200 day simple moving average is C$1.32.

Pensana Company Profile

Pensana Plc is a critical metals company engaged in the exploration, development and processing of rare earth elements essential for clean energy and high?technology applications. The company’s flagship asset is the Longonjo rare earths project in Angola, which is being advanced toward production of neodymium and praseodymium—key magnets in electric vehicles, wind turbines and consumer electronics. Pensana has structured its operations to address both upstream mining and downstream beneficiation, ensuring that its concentrate is processed into separated rare earth oxides.

To support a robust and secure supply chain, Pensana is developing the Saltend rare earth processing facility in the United Kingdom.