Analog Devices Inc
Score: Neutral (52)
2 days at current score.
Downgraded from Positive on November 8th 2017
- This company ranked positively in 3 out of 4 IHS Markit Categories but is neutral compared to the Technology sector
- Perception of the company's creditworthiness is negative
- ETFs holding this stock are seeing positive inflows
- Bearish sentiment is low
- Economic output in this company's sector is expanding
Short interest | Positive
Short interest is extremely low for ADI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ADI.
ETF/Index ownership | Positive
ETF activity is positive. Over the last month, growth of ETFs holding ADI is favorable, with net inflows of $22.58 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
PMI by IHS Markit | Positive
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is strong relative to the trend shown over the past year.
Credit default swap | Negative
The current level displays a negative indicator. ADI 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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