Ross Stores, Inc. (NASDAQ:ROST) experienced a 15.3% decrease in short interest in January, with 7,564,612 shares shorted as of January 30th, representing about 2.4% of total shares and a 3.0-day short-interest ratio. Analysts maintain a “Moderate Buy” consensus rating with an average target price of $189.94, and the company recently surpassed quarterly earnings expectations and provided positive FY2025 guidance. Institutional investors hold a significant portion of the stock, with 86.86% owned by hedge funds and other institutional investors.
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Ross Stores, Inc. (NASDAQ:ROST) Short Interest Update
Ross Stores, Inc. (NASDAQ:ROST) experienced a 15.3% decrease in short interest in January, with 7,564,612 shares shorted as of January 30th, representing about 2.4% of total shares and a 3.0-day short-interest ratio. Analysts maintain a “Moderate Buy” consensus rating with an average target price of $189.94, and the company recently surpassed quarterly earnings expectations and provided positive FY2025 guidance. Institutional investors hold a significant portion of the stock, with 86.86% owned by hedge funds and other institutional investors.