Pensana Plc (OTCMKTS:PNSPF – Get Free Report) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 6,183 shares, a growth of 228.7% from the December 31st total of 1,881 shares. Based on an average daily trading volume, of 10,770 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 10,770 shares, the short-interest ratio is presently 0.6 days.
Pensana Stock Up 2.1%
Pensana stock opened at C$1.47 on Wednesday. The business has a 50 day moving average of C$1.28 and a 200-day moving average of C$1.40. Pensana has a 1 year low of C$0.41 and a 1 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.
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