Spectrum Brands Holdings Inc
Score: Negative (8)
8 days at current score.
Downgraded from Neutral on September 27th 2017
- This company ranked negatively compared to the Consumer Goods sector despite only 1 negative IHS Markit Category
- ETFs holding this stock have seen outflows over the last one-month
- Bearish sentiment is moderate and increasing
Short interest | Neutral
Short interest is moderate for SPB 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 October 2.
ETF/Index ownership | Negative
ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding SPB totaled $687 million. Additionally, the rate of outflows appears to be accelerating.
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
CDS data is not available for this security.
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