JPMorgan Chase & Co. (NYSE:JPM) Sees Large Growth in Short Interest

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JPMorgan Chase & Co. (NYSE:JPM) experienced a significant increase in short interest during February, with total short interest rising by 15.5% to 22.96 million shares. This volume represents a days-to-cover ratio of 2.3 days. The company’s stock traded up 0.4% in recent activity, and analysts have given it a “Moderate Buy” rating with a consensus target price of $340.00.

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