Frontier Communications Corp
Score: Negative (21)
369 days at current score.
Downgraded from Neutral on January 13th 2017
- This company ranked negatively compared to the Telecommunications Services sector despite 2 positive IHS Markit Categories
- Perception of the company's creditworthiness is negative but improving
- ETFs holding this stock are seeing positive inflows
- 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 | Positive
ETF activity is positive. Over the last month, growth of ETFs holding FTR is favorable, with net inflows of $17.02 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 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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