Pensana Plc (OTCMKTS:PNSPF) Shares Shorted: Short Interest Down 93.6% in September

Pensana Plc (OTCMKTS:PNSPF) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 645 shares, a decline of 93.6% from the August 31st total of 10,116 shares. Based on an average daily trading volume, of 988 shares, the short-interest ratio is currently 0.7 days.

Pensana Trading Down 24.5%

Shares of OTCMKTS:PNSPF traded down C$0.20 during mid-day trading on Friday, reaching C$0.62. 51,168 shares of the company traded hands, compared to its average volume of 4,418. The company’s 50 day moving average price is C$0.94 and its 200-day moving average price is C$1.13. Pensana has a 52 week low of C$0.57 and a 52 week high of C$2.58.

Pensana Company Profile

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.