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

Manganese X Energy Corp. (OTCMKTS:MNXXF) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totalling 22,800 shares, a decline of 50.4% from the September 30th total of 46,000 shares. Based on an average daily volume of 70,000 shares, the days-to-cover ratio is presently 0.3 days.

Manganese X Energy Price Performance

OTCMKTS MNXXF traded up $0.00 during mid-day trading on Friday, reaching $0.03. The stock had a trading volume of 26,800 shares, compared to its average volume of 44,844. Manganese X Energy has a 1 year low of $0.02 and a 1 year high of $0.12. The company has a fifty day moving average price of $0.04 and a 200 day moving average price of $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.