Tencent Holdings Limited (OTCMKTS:TCTZF) Short Interest Up 64.1% in July

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

Tencent Stock Performance

Shares of OTCMKTS TCTZF traded down $1.92 during mid-day trading on Friday, reaching $59.23. 2,367 shares of the company were exchanged, compared to its average volume of 9,992. The company’s 50-day simple moving average is $57.54 and its 200-day simple moving average is $63.87. Tencent has a twelve month low of $51.49 and a twelve month 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.