Chicago Bridge & Iron Company NV
Score: Negative (6)
210 days at current score.
Downgraded from Neutral on June 9th 2017
- This company ranked negatively in all 3 IHS Markit categories and the Industrials sector
- ETFs holding this stock have seen outflows over the last one-month
- Bearish sentiment is moderate and increasing
- Economic output for the sector is expanding but at a slower rate
Short interest | Negative
Short interest is moderately high for CBI with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on January 2.
ETF/Index ownership | Negative
ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CBI totaled $399 million. Additionally, the rate of outflows appears to be accelerating.
PMI by IHS Markit | Negative
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials 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
CDS data is not available for this security.
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