Tencent Music Entertainment Group (TME) Short Interest Ratio & Short Volume → Obama’s Forever Term [exposed] (From Porter & Company) (Ad) Free TME Stock Alerts $13.34 -0.04 (-0.30%) (As of 05/10/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Tencent Music Entertainment Group Short Interest DataCurrent Short Volume25,810,000 sharesPrevious Short Volume23,070,000 sharesChange Vs. Previous Month+11.88%Dollar Volume Sold Short$323.92 millionShort Interest Ratio / Days to Cover3.3Last Record DateApril 30, 2024Outstanding Shares1,716,080,000 sharesFloat Size692,540,000 sharesShort Percent of Float3.73%Today's Trading Volume7,850,931 sharesAverage Trading Volume7,153,247 sharesToday's Volume Vs. Average110% 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. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatTME Short Interest Over TimeTME Days to Cover Over TimeTME Percentage of Float Shorted Over Time Ad Paradigm PressForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISYou might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.Click here to find out that this 8,788% cryptocurrency is. Tencent Music Entertainment Group Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/30/202425,810,000 shares $323.92 million +11.9%3.7%3.3 $12.55 4/15/202423,070,000 shares $259.19 million +9.9%3.3%2.8 $11.24 3/31/202421,000,000 shares $234.99 million -31.4%2.9%2.3 $11.19 3/15/202430,590,000 shares $316.61 million +16.8%4.4%3.4 $10.35 2/29/202426,190,000 shares $273.69 million +7.1%3.8%3 $10.45 2/15/202424,460,000 shares $252.18 million +25.0%3.6%2.9 $10.31 Get the Latest News and Ratings for TME and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Tencent Music Entertainment Group and its competitors with MarketBeat's FREE daily newsletter. 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 $4.83The Crypto 9-5 Escape Plan (Ad)A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.Click here to get instant access to the guide 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 April 30th, traders have sold 25,810,000 shares of TME short. 3.73% 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 3.0. 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: Simplex Trading LLC, and IMC Chicago LLC. 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. 3.73% 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 April. As of April 30th, there was short interest totaling 25,810,000 shares, an increase of 11.9% from the previous total of 23,070,000 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 692,540,000 shares. How does Tencent Music Entertainment Group's short interest compare to its competitors? 3.73% 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: ASE Technology Holding Co., Ltd. (0.47%), Vodafone Group Public Limited (0.22%), Western Digital Co. (6.81%), NetApp, Inc. (2.46%), Hewlett Packard Enterprise (2.44%), CGI Inc. (0.37%), MicroStrategy Incorporated (19.56%), PTC Inc. (1.65%), Samsara Inc. (6.30%), Nokia Oyj (0.39%), 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. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 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 $0.04 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 April, 30 2024. More Short Interest Resources from MarketBeat Related Companies: ASX Short Squeeze VOD Short Squeeze WDC Short Squeeze NTAP Short Squeeze HPE Short Squeeze GIB Short Squeeze MSTR Short Squeeze PTC Short Squeeze IOT Short Squeeze NOK Short Squeeze Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:TME) was last updated on 5/11/2024 by MarketBeat.com Staff From Our PartnersThe Crypto 9-5 Escape PlanCrypto 101 MediaHe Is Giving Away BitcoinCrypto Swap ProfitsThe A.I. story nobody is telling you (Read ASAP)TradeSmithForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchCharles Payne Demystifies OptionsUnstoppable ProsperityForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingHow Biden has already won 2024Porter & Company