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Naspers Limited (OTCMKTS:NPSNY – Get Rating) was the target of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 1,100 shares, a decline of 93.2% from the March 31st total of 16,200 shares. Based on an average daily trading volume, of 100,500 shares, the […]
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Laurence Bensafi of RBC Global Asset Management focuses on value stocks in emerging markets such as China, India and South Africa
Prosus NV continued its selloff of Tencent Holdings Ltd., bringing its stake in the Chinese internet giant to under 26%.
Tencent is looking to diversify beyond China into the European gaming market while Prosus continues to reduce its stake in the company.
Naspers Limited (OTCMKTS:NPSNY – Get Rating) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 16,200 shares, an increase of 170.0% from the March 15th total of 6,000 shares. Based on an average daily trading volume, of 128,800 shares, the days-to-cover ratio is […]