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See what the IHS Markit Score report has to say about Mercadolibre Inc.

IHS Markit

Mercadolibre Inc

NASDAQ/NGS:MELI

Score: Neutral (39)

2 days at current score.

Upgraded from Negative on January 2nd 2018

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Summary


  • This company ranked neutral compared to the Basic Materials sector with only 1 positive IHS Markit Category
  • Bearish sentiment is moderate
  • Economic output in this company's sector is expanding


Bearish sentiment

Short interest | Neutral

Short interest is moderate for MELI with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.

Money flow

ETF/Index ownership | Neutral

ETF activity is neutral. ETFs that hold MELI had net inflows of $46 million over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing.

Economic sentiment

PMI by IHS Markit | Positive

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Basic Materials sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating.

Credit worthiness

Credit default swap

CDS data is not available for this security.

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