Suntrust Banks Inc
Score: Positive (76)
8 days at current score.
Upgraded from Neutral on September 11th 2017
- This company ranked positively compared to the Financials sector despite only 1 positive IHS Markit Category
- Perception of the company's creditworthiness is neutral
- Bearish sentiment is low
- Economic output for the sector is expanding but at a slower rate
Short interest | Positive
Short interest is extremely low for STI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting STI.
ETF/Index ownership | Neutral
ETF activity is neutral. ETFs that hold STI had net inflows of $7.10 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing.
PMI by IHS Markit | Negative
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing.
Credit default swap | Neutral
The current level displays a neutral indicator. STI credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.
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