Teck Resources Limited (OTCMKTS:TCKRF) Sees Significant Decline in Short Interest

Teck Resources Limited (OTCMKTS:TCKRF) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 100 shares, a decrease of 83.3% from the December 31st total of 600 shares. Based on an average trading volume of 500 shares, the short-interest ratio is presently 0.2 days.

Teck Resources Price Performance

Shares of OTCMKTS TCKRF remained flat at $41.43 during midday trading on Thursday. Teck Resources has a 1-year low of $38.26 and a 1-year high of $52.54. The firm has a fifty day moving average of $43.08 and a 200 day moving average of $46.49.

About Teck Resources

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.