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See what the IHS Markit Score report has to say about WEC Energy Group Inc.

IHS Markit

WEC Energy Group Inc

NYSE:WEC

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Summary

  • Perception of the company's creditworthiness is negative
  • Bearish sentiment is moderate and increasing
  • Economic output in this company's sector is contracting

Bearish sentiment

Short interest | Neutral

Short interest is moderate for WEC with between 5 and 10% 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 June 20.

Money flow

ETF/Index ownership | Neutral

ETF activity is neutral. The net inflows of $8.16 billion over the last one-month into ETFs that hold WEC are not among the highest of the last year and have been slowing.

Economic sentiment

PMI by IHS Markit

There is no PMI sector data available for this security.

Credit worthiness

Credit default swap | Negative

The current level displays a negative indicator. WEC 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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