Frontier Communications Corp
Score: Negative (5)
108 days at current score.
Downgraded from Neutral on August 28th 2018
- This company ranked negatively compared to the Telecommunications Services sector with 2 negative IHS Markit Categories
- Perception of the company's creditworthiness is negative and weakening
- ETFs holding this stock are seeing positive inflows
- Bearish sentiment is high
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, ETFs holding FTR are favorable, with net inflows of $12.36 billion. Additionally, the rate of inflows is increasing.
PMI by IHS Markit | Neutral
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Telecommunications Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however.
Credit default swap | Negative
The current level displays a negative indicator with a weakening bias over the past 1-month. FTR credit default swap spreads are at their highest levels for the past 3 years, which indicates the market's more negative perception of the company's credit worthiness.
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