Short Interest in Teck Resources Limited (OTCMKTS:TCKRF) Grows By 74.5%

Teck Resources Limited (OTCMKTS:TCKRF) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 363 shares, a growth of 74.5% from the February 12th total of 208 shares. Based on an average daily volume of 589 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 589 shares, the short-interest ratio is presently 0.6 days.

Teck Resources Price Performance

OTCMKTS:TCKRF opened at $54.06 on Friday. The business’s 50 day moving average is $54.14 and its two-hundred day moving average is $46.15. Teck Resources has a 52 week low of $30.50 and a 52 week high of $62.00.

Teck Resources Company Profile

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.