Pjt Partners Inc Class A (NYSE:PJT)’s Trend Up, Especially After Decreased Shorts

August 10, 2018 - By James Guidry

PJT Partners Inc. (NYSE:PJT) Logo

The stock of Pjt Partners Inc Class A (NYSE:PJT) registered a decrease of 0.14% in short interest. PJT’s total short interest was 490,100 shares in August as published by FINRA. Its down 0.14% from 490,800 shares, reported previously. With 124,600 shares average volume, it will take short sellers 4 days to cover their PJT’s short positions. The short interest to Pjt Partners Inc Class A’s float is 3.2%.

The stock increased 1.28% or $0.75 during the last trading session, reaching $59.47. About 196,476 shares traded or 18.18% up from the average. PJT Partners Inc. (NYSE:PJT) has risen 46.35% since August 10, 2017 and is uptrending. It has outperformed by 33.78% the S&P500.

PJT Partners Inc. provides various strategic advisory, restructuring and special situations, and private fund advisory and placement services to firms, financial sponsors, institutional investors, and governments worldwide. The company has market cap of $2.26 billion. It offers a range of financial advisory and transaction execution capability, including mergers and acquisitions, joint ventures, minority investments, asset swaps, divestitures, takeover defenses, corporate finance advisory, private placements, and distressed sales. It currently has negative earnings. The firm also advices companies, creditors, and financial sponsors on recapitalizations, reorganizations, exchange offers, debt repurchases, capital raises, and distressed mergers and acquisitions.

More important recent PJT Partners Inc. (NYSE:PJT) news were published by: Businesswire.com which released: “PJT Partners Inc. Reports Second Quarter 2018 Results” on July 31, 2018, also Streetinsider.com published article titled: “BofA/Merrill Lynch Downgrades PJT Partners (PJT) to Neutral”, Seekingalpha.com published: “PJT Partners jumps after Q2 EPS exceeds consensus by more than 30%” on July 31, 2018. More interesting news about PJT Partners Inc. (NYSE:PJT) was released by: Seekingalpha.com and their article: “PJT Partners, Inc.’s (PJT) CEO Paul Taubman on Q2 2018 Results – Earnings Call Transcript” with publication date: July 31, 2018.

PJT Partners Inc. (NYSE:PJT) Ratings Chart

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