Tencent Holdings Limited (OTCMKTS:TCTZF) Short Interest Update

Tencent Holdings Limited (OTCMKTS:TCTZF) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 3,127,491 shares, an increase of 491.5% from the July 30th total of 528,775 shares. Based on an average daily trading volume, of 25,650 shares, the short-interest ratio is currently 121.9 days.

Tencent Trading Down 0.1%

OTCMKTS:TCTZF opened at $56.66 on Thursday. The company’s 50 day moving average price is $57.85 and its 200-day moving average price is $61.35. Tencent has a 52 week low of $51.49 and a 52 week high of $89.10.

About Tencent

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.