How Is The Market Feeling About PJT Partners?
Portfolio Pulse from Benzinga Insights
PJT Partners (NYSE:PJT) has seen a 24.89% decrease in its short percent of float, now at 6.7%. This is higher than its peers' average of 3.14%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
August 30, 2024 | 4:30 pm
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PJT Partners has experienced a significant decrease in short interest, which may suggest a shift towards a more bullish market sentiment. However, its short interest remains higher than its peers.
The decrease in short interest by 24.89% suggests that traders are less bearish on PJT Partners. Although the short interest is still higher than its peers, the reduction could lead to a positive short-term impact on the stock price as it may indicate a shift in market sentiment.
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