Short Interest in PTL Limited (NASDAQ:PTLE) Declines By 42.7%
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PTL Limited (NASDAQ:PTLE) experienced a 42.7% decline in short interest in February, with 599,046 shares sold short as of February 13th, down from 1,045,953 shares on January 29th. This represents 0.6% of the company's stock. The days-to-cover ratio is 0.9 days based on an average daily volume of 702,264 shares. PTLE shares traded down 6.1% to $8.65, with a 52-week range of $7.20 to $156.00. Analysts maintain a "sell" rating on the stock, indicating a cautious outlook.
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