Short Interest in Tencent Holdings Limited (OTCMKTS:TCTZF) Rises By 64.1%

Tencent Holdings Limited (OTCMKTS:TCTZF) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 862,835 shares, an increase of 64.1% from the June 30th total of 525,778 shares. Based on an average trading volume of 12,513 shares, the short-interest ratio is currently 69.0 days.

Tencent Stock Performance

Shares of TCTZF stock opened at $61.15 on Friday. The business has a 50-day moving average of $57.48 and a 200 day moving average of $63.91. Tencent has a 1-year low of $51.49 and a 1-year high of $89.10.

Tencent Company Profile

Tencent Holdings Limited, an investment holding company, offers value-added services (VAS), online advertising, fintech, and business services in the People's Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. The company's consumers business provides communication and services, such as instant messaging and social network; digital content including online games, videos, live streaming, news, music, and literature; fintech services, which includes mobile payment, wealth management, loans, and securities trading; and various tools, such as network security management, browser, navigation, application management, email, etc.