Tenet Healthcare Corp
- Perception of the company's creditworthiness is positive
- ETFs holding this stock are seeing positive inflows
- Bearish sentiment is low and declining
- Economic output in this company's sector is expanding
Short interest | Positive
Short interest is low for THC with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on March 13.
ETF/Index ownership | Positive
ETF activity is positive. Over the last month, ETFs holding THC are favorable with net inflows of $72.21 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText
PMI by IHS Markit | Positive
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Healthcare sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating.
Credit default swap | Positive
The current level displays a positive indicator. Although THC credit default swap spreads are rising, indicating the market's more negative perception of the company's credit worthiness, they remain among the lowest levels seen during the last three years.
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