Teck Resources Limited (OTCMKTS:TCKRF) Short Interest Up 68.8% in December

Teck Resources Limited (OTCMKTS:TCKRF) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 319 shares, an increase of 68.8% from the November 30th total of 189 shares. Based on an average daily trading volume, of 5,737 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 5,737 shares, the days-to-cover ratio is currently 0.1 days.

Teck Resources Stock Performance

Teck Resources stock opened at $45.20 on Friday. Teck Resources has a 52 week low of $30.50 and a 52 week high of $45.39. The firm’s 50-day simple moving average is $42.82 and its 200 day simple moving average is $39.80.

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.