Short Interest in Manganese X Energy Corp. (OTCMKTS:MNXXF) Drops By 27.7%

Manganese X Energy Corp. (OTCMKTS:MNXXF – Get Rating) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totalling 14,600 shares, a decrease of 27.7% from the April 15th total of 20,200 shares. Based on an average daily volume of 242,700 shares, the short-interest ratio is currently 0.1 days.

Shares of OTCMKTS:MNXXF traded down $0.00 during midday trading on Tuesday, hitting $0.30. The company’s stock had a trading volume of 74,450 shares, compared to its average volume of 120,947. Manganese X Energy has a 12-month low of $0.18 and a 12-month high of $0.47. The business’s 50 day simple moving average is $0.32 and its 200 day simple moving average is $0.27.

About Manganese X Energy (Get Rating)

Manganese X Energy Corp. engages in the acquisition and development of mineral properties in Canada. The company's property portfolio include the Battery Hill manganese property consisting of 55 claims totaling 1,228 hectares located in Carlton County, south western New Brunswick; and Peter Lake Copper-Nickel-Cobalt property comprising 44 contiguous mining titles totaling approximately 2,568 hectares located in the Mont-Laurier Terrane, Central Grenville Province, Quebec.

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