Cooper Tire & Rubber Co
Score: Negative (4)
160 days at current score.
Downgraded from Neutral on April 6th 2018
- This company ranked negatively compared to the Consumer Goods sector despite only 1 negative IHS Markit Category
- Perception of the company's creditworthiness is neutral
- ETFs holding this stock are seeing positive inflows
- Bearish sentiment is high
Short interest | Negative
Short interest is extremely high for CTB with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting CTB.
ETF/Index ownership | Positive
ETF activity is positive. Over the last month, ETFs holding CTB are favorable, with net inflows of $4.53 billion. Additionally, the rate of inflows is increasing.
PMI by IHS Markit | Neutral
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however.
Credit default swap | Neutral
The current level displays a neutral indicator. CTB credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years.
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