NYSE:STZ
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Summary
- Perception of the company’s creditworthiness is negative
- ETFs holding this stock are seeing positive inflows but are weakening
- Bearish sentiment is low
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Bearish sentiment
Bearish sentiment
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Short interest | Positive” data-reactid=”29″>Short interest | Positive
Short interest is low for STZ with fewer than 5% of shares 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.
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Money flow
Money flow
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="ETF/Index ownership | Negative” data-reactid=”39″>ETF/Index ownership | Negative
ETF activity is negative and may be weakening. The net inflows of $3.81 billion over the last one-month into ETFs that hold STZ are among the lowest of the last year and appear to be slowing.
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Economic sentiment
Economic sentiment
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="PMI by IHS Markit | Neutral” data-reactid=”49″>PMI by IHS Markit | Neutral
According to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however.
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Credit worthiness
Credit worthiness
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Credit default swap | Negative” data-reactid=”63″>Credit default swap | Negative
The current level displays a negative indicator. STZ credit default swap spreads are near their highest levels for the past 1 year, which indicates the market’s more negative perception of the company’s credit worthiness.
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