Short Interest in Teck Resources Limited (OTCMKTS:TCKRF) Expands By 500.0%

Teck Resources Limited (OTCMKTS:TCKRF) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 600 shares, an increase of 500.0% from the November 30th total of 100 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 2.0 days.

Teck Resources Stock Performance

Teck Resources stock remained flat at $40.62 during trading hours on Friday. 25 shares of the company’s stock were exchanged, compared to its average volume of 1,133. The business’s fifty day moving average price is $46.82 and its 200 day moving average price is $47.66. Teck Resources has a 52 week low of $36.69 and a 52 week high of $52.54.

Teck Resources Company Profile

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. The company operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Its principal products include copper, zinc, steelmaking coal, and blended bitumen.