(TJX) - Analyzing TJX Companies's Short Interest
Portfolio Pulse from Benzinga Insights
TJX Companies (NYSE:TJX) has seen a decrease in short interest, with the short percent of float falling 7.77% since the last report. The company has 10.79 million shares sold short, representing 0.95% of available shares, with a cover time of 1.64 days. This decline in short interest may indicate a more bullish sentiment among investors. TJX's short interest is below its peer group average of 16.23%.
December 27, 2023 | 6:45 pm
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TJX Companies has experienced a decrease in short interest, which could be a positive sign for the stock as it may reflect a more bullish sentiment among investors.
A decrease in short interest typically indicates that investors are less bearish on a stock, which could lead to an increase in its price in the short term. However, short interest is just one of many factors that can affect stock prices.
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