Rock Tech Lithium Inc. (OTCMKTS:RCKTF) Short Interest Up 31.3% in October

kopsource ·  11/15/2022 07:25

Rock Tech Lithium Inc. (OTCMKTS:RCKTF – Get Rating) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 27,700 shares, a growth of 31.3% from the October 15th total of 21,100 shares. Based on an average daily volume of 25,400 shares, the short-interest ratio is currently 1.1 days.

Rock Tech Lithium Stock Performance

Shares of RCKTF stock traded up 0.02 during trading hours on Monday, hitting 2.38. 4,038 shares of the company were exchanged, compared to its average volume of 7,829. The company has a 50 day simple moving average of 2.25 and a two-hundred day simple moving average of 2.99. Rock Tech Lithium has a fifty-two week low of 1.65 and a fifty-two week high of 6.64.

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Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group downgraded Rock Tech Lithium from a "buy" rating to a "hold" rating in a report on Monday, November 7th.

About Rock Tech Lithium

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Rock Tech Lithium Inc engages in the exploration and development of lithium properties. It holds a 100% interest in the Georgia Lake lithium project comprising 277 claim units and 41 mining leases 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.

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