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

Defense World ·  Feb 13, 2023 02:21

Rock Tech Lithium Inc. (OTCMKTS:RCKTF – Get Rating) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 21,200 shares, an increase of 128.0% from the January 15th total of 9,300 shares. Based on an average daily trading volume, of 11,200 shares, the short-interest ratio is currently 1.9 days.

Analyst Upgrades and Downgrades

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

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Rock Tech Lithium Stock Down 7.1 %

OTCMKTS RCKTF opened at C$2.35 on Monday. The business has a 50 day simple moving average of C$1.96 and a 200 day simple moving average of C$2.30. Rock Tech Lithium has a one year low of C$1.48 and a one year high of C$5.39.

Rock Tech Lithium Company Profile

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Rock Tech Lithium, Inc is a lithium chemical technology company, which engages in the development of lithium and rare metals projects in Canada. It holds interest in Georgia Lake lithium project. The company was founded on June 14, 1996 and is headquartered in Vancouver, Canada.

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