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See what the IHS Markit Score report has to say about Washington Real Estate Investment Trust.

IHS Markit

Washington Real Estate Investment Trust

NYSE:WRE

View full report here!

Summary

  • Perception of the company's creditworthiness is negative and weakening
  • Bearish sentiment is low and declining

Bearish sentiment

Short interest | Positive

Short interest is low for WRE with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on May 28.

Money flow

ETF/Index ownership | Neutral

ETF activity is neutral. ETFs that hold WRE had net inflows of $605 million over the last one-month.

Economic sentiment

PMI by IHS Markit | Neutral

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year, but is easing.

Credit worthiness

Credit default swap | Negative

The current level displays a negative indicator with a weakening bias over the past 1-month. WRE 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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This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.