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T-Mobile US (NYSE:TMUS) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totalling 14,566,394 shares, a growth of 46.4% from the July 15th total of 9,950,832 shares, Analyst Ratings Network reports. Approximately 5.5% of the company’s stock are sold short. Based on an average trading volume of 4,735,634 shares, the days-to-cover ratio is currently 3.1 days.

A number of analysts have recently weighed in on TMUS shares. Analysts at RBC Capital raised their price target on shares of T-Mobile US from $34.00 to $36.00 in a research note on Friday, August 1st. Separately, analysts at Nomura raised their price target on shares of T-Mobile US from $30.00 to $32.00 in a research note on Friday, August 1st. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of T-Mobile US from $36.00 to $40.00 in a research note on Friday, August 1st. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. T-Mobile US has an average rating of “Buy” and a consensus price target of $35.75.

Shares of T-Mobile US (NYSE:TMUS) opened at 28.69 on Friday. T-Mobile US has a 52 week low of $22.95 and a 52 week high of $35.50. The stock has a 50-day moving average of $31.96 and a 200-day moving average of $31.87. The company has a market cap of $23.158 billion and a P/E ratio of 122.44.

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