Tencent Holdings Limited (OTCMKTS:TCTZF) Short Interest Update

Tencent Holdings Limited (OTCMKTS:TCTZF – Get Free Report) saw a large 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 trading volume of 25,650 shares, the short-interest ratio is presently 121.9 days.

Tencent Stock Down 0.3%

Shares of TCTZF opened at $56.49 on Friday. Tencent has a 52-week low of $51.49 and a 52-week high of $89.10. The stock has a fifty day simple moving average of $57.86 and a two-hundred day simple moving average of $61.24.

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About Tencent

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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.

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