Euro Manganese Inc. (OTCMKTS:EUMNF) Sees Large Increase in Short Interest

Euro Manganese Inc. (OTCMKTS:EUMNF) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 15,900 shares, a growth of 51.4% from the January 31st total of 10,500 shares. Based on an average daily volume of 15,700 shares, the days-to-cover ratio is currently 1.0 days.

Euro Manganese Price Performance

Shares of EUMNF opened at $0.03 on Wednesday. Euro Manganese has a 1 year low of $0.02 and a 1 year high of $0.07. The company’s 50-day simple moving average is $0.03 and its 200-day simple moving average is $0.03.

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.