Looking Into TJX Companies's Recent Short Interest
Portfolio Pulse from Benzinga Insights
TJX Companies's short percent of float has fallen 9.09% since its last report, with 6.92 million shares sold short, which is 0.6% 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 15.22% for its peer group.
August 04, 2023 | 9:32 am
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The decrease in short interest in TJX Companies could indicate a shift towards a more bullish market sentiment. This could potentially impact the stock positively in the short term.
Short interest is an indicator of market sentiment. A decrease in short interest often signals that investors are becoming more bullish on the stock. As such, the decrease in short interest in TJX Companies could potentially lead to an increase in its stock price in the short term.
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