Peering Into TJX Companies's Recent Short Interest
Portfolio Pulse from Benzinga Insights
TJX Companies's short percent of float has fallen 8.7% since its last report, with 7.23 million shares sold short, which is 0.63% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards TJX. Compared to its peers, TJX has less short interest, with an average of 17.22% for its peer group.
July 11, 2023 | 5:15 pm
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Decrease in short interest could indicate a more bullish sentiment towards TJX Companies.
Short interest is an indicator of market sentiment. A decrease in short interest often signals a more bullish sentiment, which could potentially lead to an increase in stock price. However, it's important to note that this is not a guarantee and other market factors should also be considered.
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