Short Interest in Teck Resources Limited (OTCMKTS:TCKRF) Rises By 54.5%

Teck Resources Limited (OTCMKTS:TCKRF) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 493 shares, a growth of 54.5% from the December 15th total of 319 shares. Based on an average daily trading volume, of 195 shares, the short-interest ratio is presently 2.5 days. Based on an average daily trading volume, of 195 shares, the short-interest ratio is presently 2.5 days.

Teck Resources Stock Performance

OTCMKTS TCKRF opened at $50.42 on Friday. Teck Resources has a 52 week low of $30.50 and a 52 week high of $51.87. The business’s fifty day simple moving average is $44.88 and its 200-day simple moving average is $41.27.

About Teck Resources

Teck Resources Limited (OTCMKTS:TCKRF) is a diversified natural resources company headquartered in Vancouver, Canada. Established in the early 20th century as the Consolidated Mining and Smelting Company of Canada, it has evolved into one of North America’s leading producers of copper, metallurgical coal, zinc, and energy. Teck’s vertically integrated operations span the full spectrum of mineral and metal production, from exploration and development through to mining, processing, and marketing.

Teck’s principal business activities include the extraction and processing of copper, a critical metal for electrification and renewable energy systems, as well as metallurgical coal used in steelmaking.