Rock Tech Lithium Inc. (OTCMKTS:RCKTF) Shares Shorted: Short Interest Up 8,871.4% in October

Rock Tech Lithium Inc. (OTCMKTS:RCKTF) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 164,626 shares, a growth of 8,871.4% from the October 15th total of 1,835 shares. Based on an average trading volume of 2,563 shares, the short-interest ratio is currently 64.2 days.

Rock Tech Lithium Price Performance

Shares of OTCMKTS:RCKTF traded up C$0.06 during mid-day trading on Tuesday, reaching C$0.40. 549 shares of the company’s stock were exchanged, compared to its average volume of 2,776. Rock Tech Lithium has a twelve month low of C$0.33 and a twelve month high of C$0.93. The business’s fifty day moving average price is C$0.46 and its 200-day moving average price is C$0.59.

Rock Tech Lithium Company Profile

Rock Tech Lithium Inc. is a Canadian company focused on developing lithium products for the electric-vehicle and energy-storage supply chains. Its business strategy links hard-rock lithium resources with conversion facilities that can produce battery-grade lithium hydroxide. The company is advancing the Georgia Lake lithium project in Ontario, Canada, which is intended to provide spodumene concentrate, a lithium-bearing mineral. Rock Tech is also developing a lithium hydroxide converter in Guben, Germany, designed to process concentrate into material for battery manufacturers.