Rock Tech Lithium Inc. (OTCMKTS:RCKTF) Short Interest Down 40.5% in February

Rock Tech Lithium Inc. (OTCMKTS:RCKTFGet Free Report) was the recipient of a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 6,552 shares, a drop of 40.5% from the February 12th total of 11,013 shares. Based on an average trading volume of 3,996 shares, the days-to-cover ratio is presently 1.6 days. Based on an average trading volume of 3,996 shares, the days-to-cover ratio is presently 1.6 days.

Rock Tech Lithium Price Performance

RCKTF opened at C$0.68 on Friday. The firm has a 50 day moving average price of C$0.71 and a 200-day moving average price of C$0.63. Rock Tech Lithium has a twelve month low of C$0.45 and a twelve month high of C$0.93.

Rock Tech Lithium Company Profile

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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.

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