Short Interest in Teck Resources Limited (OTCMKTS:TCKRF) Increases By 193.0%

Teck Resources Limited (OTCMKTS:TCKRF) was the recipient of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 208 shares, a growth of 193.0% from the January 29th total of 71 shares. Based on an average trading volume of 297 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 297 shares, the short-interest ratio is currently 0.7 days.

Teck Resources Stock Performance

TCKRF stock opened at $62.00 on Friday. Teck Resources has a 52-week low of $30.50 and a 52-week high of $62.00. The stock’s fifty day simple moving average is $52.46 and its 200-day simple moving average is $44.67.

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.