What Will Happen to TABCORP HOLDINGS LTD ORDINARY SHARES (OTCMKTS:TABCF) Next? The Stock Has Increase in Shorts

July 13, 2018 - By Robert Reynolds

Tabcorp Holdings Limited (OTCMKTS:TABCF) Logo

The stock of TABCORP HOLDINGS LTD ORDINARY SHARES (OTCMKTS:TABCF) registered an increase of 1.32% in short interest. TABCF’s total short interest was 2.74M shares in July as published by FINRA. Its up 1.32% from 2.70 million shares, reported previously. The short interest to TABCORP HOLDINGS LTD ORDINARY SHARES’s float is 0.33%.

It closed at $3.3 lastly. It is down 0.00% since July 13, 2017 and is . It has underperformed by 12.57% the S&P500.

Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia. The company has market cap of $7.14 billion. It operates through three divisions: Wagering and Media, Keno, and Gaming Services. It currently has negative earnings. The Wagering and Media segment conducts wagering activities under the TAB brand in Victoria, New South Wales , and the Australian Capital Territory (ACT) through a network of agencies, hotels, and clubs; provides on-course totalizators at thoroughbred, harness, and greyhound metropolitan and race meetings, as well as through Internet, mobile devices, phone, and pay TV; and offers totalizator and fixed odds betting products on racing and sporting events.

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