AvalonBay Communities Inc
Score: Positive (98)
37 days at current score.
Upgraded from Neutral on October 8th 2018
- This company ranked positively in 3 out of 4 IHS Markit Categories and also compared to the Financials sector
- Perception of the company's creditworthiness is positive
- ETFs holding this stock are seeing positive inflows
- Bearish sentiment is low
- Economic output for the sector is expanding but at a slower rate
Short interest | Positive
Short interest is extremely low for AVB 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 AVB.
ETF/Index ownership | Positive
ETF activity is positive. Over the last month, ETFs holding AVB are favorable, with net inflows of $11.03 billion. Additionally, the rate of inflows is increasing.
PMI by IHS Markit | Negative
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing.
Credit default swap | Positive
The current level displays a positive indicator. AVB credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.
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