Pensana Plc (OTCMKTS:PNSPF) Sees Significant Increase in Short Interest

Pensana Plc (OTCMKTS:PNSPF) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 2,240 shares, a growth of 1,918.0% from the November 30th total of 111 shares. Based on an average daily trading volume, of 5,946 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 5,946 shares, the short-interest ratio is presently 0.4 days.

Pensana Stock Up 5.0%

Pensana stock traded up C$0.06 during trading hours on Wednesday, hitting C$1.26. The company had a trading volume of 2,000 shares, compared to its average volume of 5,036. The firm has a 50-day moving average of C$1.44 and a 200 day moving average of C$1.32. Pensana has a one year low of C$0.41 and a one year high of C$2.58.

About Pensana

Pensana Plc is a critical metals company engaged in the exploration, development and processing of rare earth elements essential for clean energy and high‐technology applications. The company’s flagship asset is the Longonjo rare earths project in Angola, which is being advanced toward production of neodymium and praseodymium—key magnets in electric vehicles, wind turbines and consumer electronics. Pensana has structured its operations to address both upstream mining and downstream beneficiation, ensuring that its concentrate is processed into separated rare earth oxides.

To support a robust and secure supply chain, Pensana is developing the Saltend rare earth processing facility in the United Kingdom.