Short Interest in Rock Tech Lithium Inc. (OTCMKTS:RCKTF) Expands By 62.0%

Rock Tech Lithium Inc. (OTCMKTS:RCKTFGet Free Report) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 8,415 shares, a growth of 62.0% from the December 31st total of 5,193 shares. Based on an average trading volume of 2,550 shares, the short-interest ratio is currently 3.3 days. Based on an average trading volume of 2,550 shares, the short-interest ratio is currently 3.3 days.

Rock Tech Lithium Trading Down 16.4%

Shares of RCKTF stock opened at C$0.72 on Friday. The company’s fifty day simple moving average is C$0.60 and its two-hundred day simple moving average is C$0.63. Rock Tech Lithium has a 52 week low of C$0.45 and a 52 week high of C$0.93.

Rock Tech Lithium Company Profile

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Rock Tech Lithium Inc is a Canada-based resource company focused on the exploration, development and processing of lithium resources for the electric vehicle and energy storage markets. The company’s flagship asset is the North American Lithium Mine in La Corne, Quebec, which it acquired in 2020. Rock Tech Lithium is working to optimize spodumene concentrate production at this site as the feedstock for downstream processing.

In addition to its Quebec operations, Rock Tech Lithium is developing an integrated lithium hydroxide refinery in Guben, Germany.

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