Short Interest in Tencent Holding Ltd. (OTCMKTS:TCEHY) Declines By 38.5%

Posted by on Jul 2nd, 2026

Tencent Holding Ltd. (OTCMKTS:TCEHY – Get Free Report) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 2,254,526 shares, a drop of 38.5% from the May 31st total of 3,667,197 shares. Based on an average daily trading volume, of 9,259,998 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

Several brokerages have recently commented on TCEHY. Barclays reissued an “overweight” rating and set a $106.00 price target on shares of Tencent in a research note on Thursday, May 14th. Zacks Research downgraded Tencent from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $106.00.

View Our Latest Report on TCEHY

Tencent Price Performance

Tencent stock opened at $56.20 on Thursday. The firm has a market capitalization of $511.87 billion, a PE ratio of 15.70 and a beta of 0.26. Tencent has a 52 week low of $52.84 and a 52 week high of $87.68. The firm’s 50-day simple moving average is $58.00 and its 200 day simple moving average is $66.57. The company has a quick ratio of 1.42, a current ratio of 1.43 and a debt-to-equity ratio of 0.27.

Tencent Company Profile

(Get Free Report)

Tencent Holdings Limited is a Chinese multinational technology conglomerate headquartered in Shenzhen, Guangdong. Founded in 1998, the company grew from early instant-messaging products into a diversified internet services group and is listed on the Hong Kong Stock Exchange. Tencent’s businesses span consumer-facing applications, digital content, cloud services and financial technology, supported by a broad investment program in global technology and gaming companies.

At the consumer level Tencent operates major social and communication platforms such as QQ and WeChat (Weixin), which combine messaging, social networking, mobile payments and a wide range of mini-programs and services.

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