Pensana Plc (OTCMKTS:PNSPF) Short Interest Down 72.2% in August

Pensana Plc (OTCMKTS:PNSPF) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 2,500 shares, a decline of 72.2% from the August 15th total of 9,000 shares. Based on an average trading volume of 1,400 shares, the short-interest ratio is currently 1.8 days.

Pensana Price Performance

PNSPF stock remained flat at C$0.21 during midday trading on Thursday. The business has a 50 day moving average of C$0.20 and a two-hundred day moving average of C$0.19. Pensana has a one year low of C$0.19 and a one year high of C$0.21.

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.