Frontier Communications Corp
Score: Negative (5)
365 days at current score.
Downgraded from Neutral on January 13th 2017
- This company ranked negatively compared to the Telecommunications Services sector with 3 negative IHS Markit Categories
- Perception of the company's creditworthiness is negative but improving
- ETFs holding this stock are seeing positive inflows but are weakening
- Bearish sentiment is high
- Economic output in this company's sector is expanding
Short interest | Negative
Short interest is extremely high for FTR with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting FTR.
ETF/Index ownership | Negative
ETF activity is negative and may be weakening. The net inflows of $4.04 billion over the last one-month into ETFs that hold FTR are among the lowest of the last year and appear to be slowing.
PMI by IHS Markit | Positive
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Telecommunications Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating.
Credit default swap | Negative
The current level displays a negative indicator with a strengthening bias over the past 1-month. FTR credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.
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