Short Interest in Teck Resources Limited (OTCMKTS:TCKRF) Expands By 36.9%

Teck Resources Limited (OTCMKTS:TCKRF) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 675 shares, an increase of 36.9% from the December 31st total of 493 shares. Based on an average daily trading volume, of 356 shares, the short-interest ratio is currently 1.9 days. Based on an average daily trading volume, of 356 shares, the short-interest ratio is currently 1.9 days.

Teck Resources Stock Up 8.0%

OTCMKTS:TCKRF opened at $55.62 on Friday. The firm’s fifty day simple moving average is $47.26 and its 200-day simple moving average is $42.01. Teck Resources has a fifty-two week low of $30.50 and a fifty-two week high of $55.62.

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.