Pensana Plc (OTCMKTS:PNSPF) Stock Short Interest Report for October

Pensana Plc (OTCMKTS:PNSPF) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 2,000 shares, a decrease of 33.3% from the September 30th total of 3,000 shares. Based on an average daily volume of 184 shares, the days-to-cover ratio is presently 10.9 days.

Pensana Stock Performance

Shares of OTCMKTS:PNSPF opened at C$0.65 on Tuesday. The business’s fifty day moving average price is C$0.74 and its two-hundred day moving average price is C$1.12. Pensana has a fifty-two week low of C$0.51 and a fifty-two week high of C$1.70.

Pensana Company Profile

Pensana plc is a United Kingdom-based rare earths company focused on developing an integrated supply chain for magnet metals, particularly neodymium and praseodymium (NdPr). These materials are key components in permanent magnets used in electric vehicles, wind turbines, and other advanced technologies.

The company’s principal asset is the Longonjo rare earths project in Angola, which is intended to produce a mixed rare earth carbonate containing NdPr. Pensana has also pursued plans for a rare earth separation facility at the Saltend Chemicals Park in the United Kingdom, designed to process rare earth materials into separated products for industrial and technology customers.

Previously known as Pensana Rare Earths Plc, the company has positioned its projects as an alternative, non-Chinese source of rare earth materials.