Score: Negative (2)
17 days at current score.
Downgraded from Neutral on September 20th 2017
- This company ranked negatively compared to the Consumer Services sector with 3 negative IHS Markit Categories
- Perception of the company's creditworthiness is negative and weakening
- ETFs holding this stock have seen outflows over the last one-month
- Bearish sentiment is moderate and increasing
- Economic output in this company's sector is expanding
Short interest | Negative
Short interest is moderately high for M with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on October 4.
ETF/Index ownership | Negative
ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding M totaled $1.69 billion. Additionally, the rate of outflows appears to be accelerating.
PMI by IHS Markit | Positive
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year.
Credit default swap | Negative
The current level displays a negative indicator with a weakening bias over the past 1-month. M credit default swap spreads are at their highest levels for the past 3 years, which indicates the market's more negative perception of the company's credit worthiness.
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