Teck Resources Limited (OTCMKTS:TCKRF) Short Interest Down 89.5% in January

Teck Resources Limited (OTCMKTS:TCKRF) was the target of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 71 shares, a decline of 89.5% from the January 15th total of 675 shares. Based on an average daily trading volume, of 464 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 464 shares, the short-interest ratio is presently 0.2 days.

Teck Resources Price Performance

Shares of TCKRF opened at $56.26 on Thursday. Teck Resources has a twelve month low of $30.50 and a twelve month high of $56.26. The firm has a 50 day moving average of $49.34 and a 200 day moving average of $42.82.

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.