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Portman Ridge Finance saw short interest surge, as analysts lowered their price target on the company.
Portman Ridge Finance Co. (NASDAQ:PTMN) saw a 22.8% jump in short interest in January, reaching 52,200 shares, with 0.6% of the company's shares now shorted.
Keefe, Bruyette & Woods lowered their price target from $19.00 to $18.00 and gave a "market perform" rating.
PTMN specializes in loans and investments in middle market companies and has a market cap of $159.48 million.
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Portman Ridge Finance vio un aumento de interés corto, ya que los analistas bajaron su objetivo de precio en la compañía.