- Perception of the company's creditworthiness is neutral
- ETFs holding this stock are seeing positive inflows
- Bearish sentiment is moderate and increasing
- Economic output in this company's sector is expanding
Short interest | Negative
Short interest is moderately high for JWN 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 March 19.
ETF/Index ownership | Positive
ETF activity is positive. Over the last month, growth of ETFs holding JWN is favorable, with net inflows of $25.20 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 Consumer 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 | Neutral
The current level displays a neutral indicator. JWN credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years.
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