Short Interest in Teck Resources Limited (OTCMKTS:TCKRF) Expands By 200.0%

Teck Resources Limited (OTCMKTS:TCKRF – Get Rating) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 300 shares, a growth of 200.0% from the April 30th total of 100 shares. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is currently 0.2 days.

Teck Resources Price Performance

Shares of TCKRF stock remained flat at $70.70 during trading hours on Friday. The business’s 50-day simple moving average is $68.36 and its two-hundred day simple moving average is $50.75. Teck Resources has a 12 month low of $26.10 and a 12 month high of $73.60.

About Teck Resources

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Teck Resources Limited is a resource company, which engages in the exploration, acquisition, development, production, and sale of natural resources, Its products include steelmaking coal, copper, zinc, industrial products and fertilizers, and other metals. Its project operations are located in Canada, Peru, Chile, and US.