Teck Resources Limited (OTCMKTS:TCKRF) Sees Significant Increase in Short Interest

Teck Resources Limited (OTCMKTS:TCKRF) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totaling 459 shares, an increase of 575.0% from the March 31st total of 68 shares. Based on an average daily volume of 389 shares, the short-interest ratio is currently 1.2 days.

Teck Resources Price Performance

Teck Resources stock opened at $60.73 on Friday. Teck Resources has a 1-year low of $32.58 and a 1-year high of $62.00. The business has a fifty day moving average price of $53.96 and a 200-day moving average price of $48.95.

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.