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See what the IHS Markit Score report has to say about BroadSoft Inc.

IHS Markit

BroadSoft Inc

NASDAQ/NGS:BSFT

Score: Negative (23)

32 days at current score.

Downgraded from Neutral on September 29th 2017

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Summary


  • This company ranked negatively compared to the Technology sector despite 1 positive IHS Markit Category
  • ETFs holding this stock are seeing positive inflows
  • Bearish sentiment is moderate and declining


Bearish sentiment

Short interest | Neutral

Short interest is moderately high for BSFT with between 10 and 15% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on October 26.

Money flow

ETF/Index ownership | Positive

ETF activity is positive. Over the last month, growth of ETFs holding BSFT is favorable, with net inflows of $5.03 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.

Economic sentiment

PMI by IHS Markit | Neutral

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

Credit worthiness

Credit default swap

CDS data is not available for this security.

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