$12.19
-0.08-0.65%
Pre-Market: 6:53 AM EDT
Short interest in Tencent Music Entertainment Group (NYSE:TME) increased during the last reporting period, rising from 16.30M to 20.42M. This put 2.85% of the company's publicly available shares short.
Short interest for Tencent Music Enter Gr gives investors a sense of the degree to which investors are betting on the decline of Tencent Music Enter Gr's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 7.67M shares traded per day, it would take 2.66 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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