Short Interest in Manganese X Energy Corp. (OTCMKTS:MNXXF) Drops By 50.4%

Manganese X Energy Corp. (OTCMKTS:MNXXF) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 22,800 shares, a decrease of 50.4% from the September 30th total of 46,000 shares. Based on an average trading volume of 70,000 shares, the short-interest ratio is currently 0.3 days.

Manganese X Energy Stock Performance

MNXXF traded up $0.00 on Friday, hitting $0.03. 26,800 shares of the company were exchanged, compared to its average volume of 44,844. Manganese X Energy has a 12 month low of $0.02 and a 12 month high of $0.12. The stock’s fifty day moving average is $0.04 and its 200-day moving average is $0.05.

About Manganese X Energy

Manganese X Energy Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores copper, nickel, and cobalt deposits. It holds interests in Battery Hill Manganese property that comprise 55 claims covering 1,228 hectares located in Carlton County, southwestern New Brunswick; Peter Lake Property comprises of 44 claims covering 2568 hectares located in the Central Grenville Province, Quebec.; Iron Ore Hill Road Property covering 73 hectares in the Battery Hill deposit area.