Short Interest in Tabcorp Holdings Limited (OTCMKTS:TABCF) Decreases By 34.0%

Tabcorp Holdings Limited (OTCMKTS:TABCF) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 219,876 shares, a drop of 34.0% from the June 30th total of 333,025 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Tabcorp Stock Performance

TABCF opened at $0.80 on Friday. Tabcorp has a 52-week low of $0.65 and a 52-week high of $0.80. The firm’s 50-day moving average price is $0.80 and its 200-day moving average price is $0.72.

Tabcorp Company Profile

Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia. It operates through Wagering and Media, and Gaming Services segments. The Wagering and Media segment offers through a network of TAB agencies, hotels and clubs, and on-course operations, as well as through retail, Internet, mobile devices, and phone. It also provides Trackside, a computer simulate racing product; and international wagering and pooling services. In addition, the company engages in the Sky Racing television channels broadcasting thoroughbred, and harness and greyhound racing to audiences; Sky Racing Active, a digital app providing Sky Racing's live and on-demand racing content across thoroughbred, and harness and greyhound racing; and Sky Sports Radio network.