Rock Tech Lithium Inc. (OTCMKTS:RCKTF) Sees Significant Increase in Short Interest

Rock Tech Lithium Inc. (OTCMKTS:RCKTF) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 5,193 shares, a growth of 48.4% from the December 15th total of 3,500 shares. Based on an average daily trading volume, of 3,868 shares, the days-to-cover ratio is presently 1.3 days. Based on an average daily trading volume, of 3,868 shares, the days-to-cover ratio is presently 1.3 days.

Rock Tech Lithium Stock Performance

Shares of RCKTF traded up C$0.00 during trading hours on Friday, hitting C$0.67. The stock had a trading volume of 1,975 shares, compared to its average volume of 1,608. The stock has a fifty day moving average price of C$0.57 and a 200 day moving average price of C$0.63. Rock Tech Lithium has a 12 month low of C$0.45 and a 12 month high of C$0.86.

About Rock Tech Lithium

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.