Manganese X Energy Corp. (OTCMKTS:MNXXF) Sees Large Decline in Short Interest

Manganese X Energy Corp. (OTCMKTS:MNXXF) was the target of a large decline in short interest during the month of August. As of August 15th, there was short interest totalling 500 shares, a decline of 97.7% from the July 31st total of 21,800 shares. Based on an average daily trading volume, of 54,000 shares, the days-to-cover ratio is presently 0.0 days.

Manganese X Energy Price Performance

Shares of Manganese X Energy stock remained flat at $0.04 during trading on Thursday. 126,950 shares of the stock were exchanged, compared to its average volume of 46,747. The stock has a fifty day moving average price of $0.05 and a 200-day moving average price of $0.06. Manganese X Energy has a fifty-two week low of $0.03 and a fifty-two week high of $0.12.

Manganese X Energy Company Profile

Manganese X Energy Corp. engages in the acquisition and development of mineral properties in Canada. The company primarily explores for copper, nickel, and cobalt deposits. Its principal project is the Battery Hill manganese property that comprise 55 claims covering an area of approximately 1,228 hectares located in Carlton County, south western New Brunswick.