United States Steel Corp
- Perception of the company's creditworthiness is negative and weakening
- ETFs holding this stock are seeing positive inflows but are weakening
- Bearish sentiment is high and has been increasing
- Economic output in this company's sector is expanding
Short interest | Negative
Short interest is high for X with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting X. Sentiment has worsened and traders added to their bearish short positions on May 10.
ETF/Index ownership | Negative
ETF activity is negative and may be weakening. The net inflows of $1.75 billion over the last one-month into ETFs that hold X are among the lowest of the last year and appear to be slowing.
PMI by IHS Markit | Positive
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Basic Materials sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating.
Credit default swap | Negative
The current level displays a negative indicator with a weakening bias over the past 1-month. X 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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