Manganese X Energy Corp. (OTCMKTS:MNXXF) Short Interest Up 4,391.3% in May

Manganese X Energy Corp. (OTCMKTS:MNXXF) was the recipient of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 103,300 shares, an increase of 4,391.3% from the May 15th total of 2,300 shares. Based on an average trading volume of 168,600 shares, the days-to-cover ratio is currently 0.6 days.

Manganese X Energy Trading Down 1.1%

MNXXF opened at $0.05 on Friday. The company’s 50-day moving average price is $0.05 and its two-hundred day moving average price is $0.05. Manganese X Energy has a twelve month low of $0.02 and a twelve month high of $0.08.

Manganese X Energy Company Profile

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.