S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
New Trump Bombshell (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
New Trump Bombshell (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
New Trump Bombshell (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
New Trump Bombshell (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
New Trump Bombshell (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
New Trump Bombshell (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
New Trump Bombshell (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
New Trump Bombshell (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
New Trump Bombshell (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
New Trump Bombshell (Ad)
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
New Trump Bombshell (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
What recession? Professional forecasters raise expectations for US economy in 2024
New Trump Bombshell (Ad)
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
AT&T will give $5 to customers hit by cellphone network outage

Tencent Music Entertainment Group (TME) Short Interest Ratio & Short Volume

$10.23
-0.06 (-0.58%)
(As of 02/23/2024 08:54 PM ET)

Tencent Music Entertainment Group Short Interest Data

Current Short Volume
19,570,000 shares
Previous Short Volume
15,750,000 shares
Change Vs. Previous Month
+24.25%
Dollar Volume Sold Short
$183.86 million
Short Interest Ratio / Days to Cover
2.1
Last Record Date
January 31, 2024
Outstanding Shares
1,716,080,000 shares
Float Size
695,950,000 shares
Short Percent of Float
2.81%
Today's Trading Volume
5,333,800 shares
Average Trading Volume
9,067,017 shares
Today's Volume Vs. Average
59%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
Short Selling Tencent Music Entertainment Group ?

Sign up to receive the latest short interest report for Tencent Music Entertainment Group and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History

TME Short Interest Over Time

TME Days to Cover Over Time

TME Percentage of Float Shorted Over Time


Tencent Music Entertainment Group Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
1/31/202419,570,000 shares $183.86 million +24.3%2.8%2.1 $9.40
1/15/202415,750,000 shares $147.89 million +9.8%2.3%1.8 $9.39
12/31/202314,350,000 shares $129.29 million -10.0%2.1%1.8 $9.01
12/15/202315,940,000 shares $141.55 million +5.8%2.3%2.1 $8.88
11/30/202315,070,000 shares $128.25 million -2.8%2.2%2 $8.51
11/15/202315,510,000 shares $127.72 million +10.9%2.2%2 $8.24
10/31/202313,990,000 shares $101.64 million +11.7%2.0%1.9 $7.27
10/15/202312,530,000 shares $82.07 million -4.1%1.8%1.7 $6.55
9/30/202313,070,000 shares $83.39 million +0.7%1.9%1.9 $6.38
9/15/202312,980,000 shares $82.10 million +2.2%1.9%1.9 $6.33
8/31/202312,700,000 shares $86.61 million -20.0%1.8%1.7 $6.82
8/15/202315,870,000 shares $98.24 million +0.8%2.3%2.2 $6.19
7/31/202315,750,000 shares $110.17 million -23.9%N/A2.3 $7.00
7/15/202320,700,000 shares $157.11 million +28.7%N/A3.2 $7.59
6/30/202316,090,000 shares $118.74 million +3.7%N/A2.7 $7.38
6/15/202315,510,000 shares $129.20 million -21.9%N/A2.4 $8.33
5/31/202319,870,000 shares $137.90 million -1.8%N/A3 $6.94
5/15/202320,230,000 shares $161.03 million +4.1%N/A3.3 $7.96
4/30/202319,440,000 shares $144.05 million +1.7%N/A3.3 $7.41
4/15/202319,120,000 shares $145.31 million -8.8%N/A3.1 $7.60
3/31/202320,960,000 shares $173.55 million -1.2%N/A3.1 $8.28
3/15/202321,220,000 shares $159.79 million -1.4%N/A2.8 $7.53
2/28/202321,510,000 shares $162.19 million -1.0%N/A2.2 $7.54
2/15/202321,720,000 shares $183.53 million -3.3%N/A2.1 $8.45
1/31/202322,470,000 shares $188.52 million -11.2%N/A1.9 $8.39
1/15/202325,300,000 shares $227.45 million -3.7%N/A2 $8.99
12/30/202226,280,000 shares $217.60 million -8.1%N/A2.1 $8.28
12/15/202228,610,000 shares $219.44 million +32.8%N/A2.3 $7.67
11/30/202221,540,000 shares $151.00 million -4.5%N/A1.8 $7.01
11/15/202222,550,000 shares $131.02 million -17.8%N/A2.2 $5.81
10/31/202227,430,000 shares $99.02 million -9.1%N/A2.9 $3.61
10/15/202230,180,000 shares $115.59 million +3.3%N/A3.3 $3.83
9/30/202229,220,000 shares $118.63 million -2.0%N/A3.2 $4.06
9/15/202229,830,000 shares $144.08 million +2.4%N/A3 $4.83
8/31/202229,140,000 shares $148.91 million -7.2%3.9%2.5 $5.11
8/15/202231,390,000 shares $146.59 million -2.7%4.2%2.5 $4.67
7/31/202232,260,000 shares $135.81 million +7.2%4.2%2.3 $4.21
7/15/202230,100,000 shares $130.63 million -0.5%3.9%2.1 $4.34
6/30/202230,260,000 shares $151.91 million -10.1%3.9%1.9 $5.02
6/15/202233,650,000 shares $152.77 million -3.9%4.3%2 $4.54













TME Short Interest - Frequently Asked Questions

What is Tencent Music Entertainment Group's current short interest?

Short interest is the volume of Tencent Music Entertainment Group shares that have been sold short but have not yet been covered or closed out. As of January 31st, investors have sold 19,570,000 shares of TME short. 2.81% of Tencent Music Entertainment Group's shares are currently sold short. Learn More on Tencent Music Entertainment Group's current short interest.

What is a good short interest ratio for Tencent Music Entertainment Group?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. TME shares currently have a short interest ratio of 2.0. Learn More on Tencent Music Entertainment Group's short interest ratio.

Which institutional investors are shorting Tencent Music Entertainment Group?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Tencent Music Entertainment Group: GTS Securities LLC, Wolverine Trading LLC, Parallax Volatility Advisers L.P., Citadel Advisors LLC, PEAK6 Investments LLC, IMC Chicago LLC, Concourse Financial Group Securities Inc., Genus Capital Management Inc., Simplex Trading LLC, and Cutler Group LLC CA. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Tencent Music Entertainment Group?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 2.81% of Tencent Music Entertainment Group's floating shares are currently sold short.

Is Tencent Music Entertainment Group's short interest increasing or decreasing?

Tencent Music Entertainment Group saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 19,570,000 shares, an increase of 24.3% from the previous total of 15,750,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

What is Tencent Music Entertainment Group's float size?

Tencent Music Entertainment Group currently has issued a total of 1,716,080,000 shares. Some of Tencent Music Entertainment Group's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Tencent Music Entertainment Group currently has a public float of 695,950,000 shares.

How does Tencent Music Entertainment Group's short interest compare to its competitors?

2.81% of Tencent Music Entertainment Group's shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to Tencent Music Entertainment Group: EPAM Systems, Inc. (1.65%), Skyworks Solutions, Inc. (2.69%), Jabil Inc. (3.56%), NetApp, Inc. (3.40%), Western Digital Co. (5.37%), Akamai Technologies, Inc. (5.59%), Samsara Inc. (7.76%), Telefonaktiebolaget LM Ericsson (publ) (0.91%), Snap Inc. (8.42%), SS&C Technologies Holdings, Inc. (1.02%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.48 billion), General Motors ($3.85 billion), Charter Communications, Inc. ($3.38 billion), Occidental Petroleum Co. ($3.00 billion), Super Micro Computer, Inc. ($2.66 billion), Tractor Supply ($2.37 billion), Coinbase Global, Inc. ($2.25 billion), Moderna, Inc. ($2.11 billion), Royal Caribbean Cruises Ltd. ($2.06 billion), and Floor & Decor Holdings, Inc. ($1.67 billion). View all of the most shorted stocks.

What does it mean to sell short Tencent Music Entertainment Group stock?

Short selling TME is an investing strategy that aims to generate trading profit from Tencent Music Entertainment Group as its price is falling. TME shares are trading down $0.06 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Tencent Music Entertainment Group?

A short squeeze for Tencent Music Entertainment Group occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of TME, which in turn drives the price of the stock up even further.

How often is Tencent Music Entertainment Group's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including TME, twice per month. The most recent reporting period available is January, 31 2024.



More Short Interest Resources from MarketBeat

This page (NYSE:TME) was last updated on 2/26/2024 by MarketBeat.com Staff