Short Interest in Euro Manganese Inc. (OTCMKTS:EUMNF) Decreases By 90.6%

Euro Manganese Inc. (OTCMKTS:EUMNF) was the target of a significant drop in short interest in February. As of February 28th, there was short interest totalling 1,500 shares, a drop of 90.6% from the February 13th total of 15,900 shares. Based on an average daily volume of 12,900 shares, the short-interest ratio is currently 0.1 days.

Euro Manganese Price Performance

EUMNF stock remained flat at $0.03 during mid-day trading on Wednesday. The company’s stock had a trading volume of 5,000 shares, compared to its average volume of 25,004. The firm’s 50 day simple moving average is $0.03 and its two-hundred day simple moving average is $0.03. Euro Manganese has a 52-week low of $0.02 and a 52-week high of $0.07.

Euro Manganese Company Profile

Euro Manganese Inc engages in the evaluation, exploration, and development of mineral assets. Its flagship project comprises the 100% owned Chvaletice manganese project, which is involved in the re-processing of a manganese deposit hosted in historic mine tailings to produce manganese products for applications in lithium-ion batteries located in the east of Prague, the Czech Republic.