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

Rock Tech Lithium Inc. (OTCMKTS:RCKTF) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 39,300 shares, a growth of 24.8% from the October 15th total of 31,500 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is presently 24.6 days.

Rock Tech Lithium Price Performance

RCKTF traded down C$0.03 during trading hours on Friday, hitting C$0.78. 276 shares of the company’s stock were exchanged, compared to its average volume of 2,959. Rock Tech Lithium has a 12-month low of C$0.72 and a 12-month high of C$1.42. The firm has a 50 day moving average of C$0.88 and a 200 day moving average of C$0.98.

Rock Tech Lithium Company Profile

Rock Tech Lithium Inc engages in the exploration and development of lithium properties. The company focuses on developing and optimizing battery grade lithium hydroxide monohydrate. It holds a 100% interest in the Georgia Lake lithium project located in the Thunder Bay Mining District of Ontario. The company was formerly known as Rock Tech Resources Inc and changed its name to Rock Tech Lithium Inc in April 2010.