Tencent Holdings Ltd. ADR (OTCMKTS:TCEHY) Short Squeeze

squeeze report news post

Over the past twenty days of trading, Tencent Holdings Ltd. ADR (OTCMKTS: TCEHY), from November 29, 2019 to December 27, 2019 there is a potential Short Squeeze about to happen because of an increase in short volume over the past twenty days with very little cover volume.

Because of this the Squeeze Report trend indicator issued a TCEHY Short Squeeze.


Tencent Holdings Ltd. ADR (OTCMKTS: TCEHY) Short Squeeze Analysis

During the last five days of trading, from December 20, 2019 to December 27, 2019 TCEHY had a staggering 5,082,683 shares shorted while trading a total of 10,451,180 shares as show the on TCEHY short page.

The last ten days of trading, from December 13, 2019 to December 27, 2019 TCEHY had a staggering 15,834,387 shares shorted while trading a total of 32,821,181 shares as show the on TCEHY short page.

Over the last twenty days of trading, from November 29, 2019 to December 27, 2019 TCEHY had a staggering 28,101,015 shares shorted while trading a total of 64,662,149 shares as show the on TCEHY short page.

According to our proprietary algorithm during the last five trading days there were 3 short days, 1 days with no change but 1 cover days. Over the last ten trading days there were 5 short days, 4 days with no change but 1 cover days. The last twenty trading days there were 7 short day, 8 days with no change but 5 cover days.


Tencent Holdings Ltd. ADR (OTCMKTS: TCEHY) Short Squeeze Result

The short indicator utilizes several factors before determining a result and because of these indications we have placed a short trend indicator of TCEHY Short Squeeze.


Tencent Holdings Ltd. ADR (OTCMKTS: TCEHY) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume28,101,015
Total Actual Volume64,662,149
Total Volume Discrepancy2,865,673

Short Trends

Cover Days5
Short Days7
No Change Days8

Averages

Average Volume Discrepancy143,283
Average Short Volume1,405,050
Average Short Percentage43%

The Short Trend Indicator

Squeeze Reports short trend indicator utilizes several different trading factors including, short data, trade data, short analysis and short probability. So become a member of Squeeze Report if you want to to gain access or know more about the short trend indicator and other short trading tools.


Disclaimer

This article is for the purposes of solicitation subscriptions for Squeeze Report. The company Squeeze Report expects to generate new advertisement revenue resulting from the distribution of this article. The amount of which is unknown at this time. Squeeze Report or it’s authors do not own any shares of Tencent Holdings Ltd. ADR (OTCMKTS: TCEHY) and doed not buy, sell, or trade any shares of TCEHY. This article does not provide a professional analysis of a (TCEHY) financial position. (TCEHY) financial position and all other information regarding the featured Company should be verified directly with (TCEHY). Please read our full disclaimer for more detailed information.