How Is The Market Feeling About TJX Companies?
Portfolio Pulse from Benzinga Insights
TJX Companies' short percent of float has risen 7.89% since its last report, with 9.34 million shares sold short, which is 0.82% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, TJX Companies has less short interest as a percentage of float, with an average of 15.87%.
September 29, 2023 | 7:30 pm
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TJX Companies has seen an increase in short interest, indicating a bearish market sentiment. However, it has less short interest compared to its peers.
The increase in short interest indicates that traders are expecting the price of TJX Companies' stock to fall. However, the fact that it has less short interest compared to its peers could mean that the bearish sentiment is not as strong for TJX as it is for other companies in the same industry.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100