Short Interest in Euro Manganese Inc. (OTCMKTS:EUMNF) Expands By 175.5%

Euro Manganese Inc. (OTCMKTS:EUMNF) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 13,500 shares, an increase of 175.5% from the October 15th total of 4,900 shares. Based on an average daily volume of 20,200 shares, the days-to-cover ratio is currently 0.7 days.

Euro Manganese Price Performance

Shares of OTCMKTS:EUMNF opened at $0.04 on Friday. The company’s 50-day moving average price is $0.04 and its two-hundred day moving average price is $0.04. Euro Manganese has a one year low of $0.03 and a one year high of $0.14.

About Euro Manganese

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.