Packaging Corp of America
- Perception of the company's creditworthiness is positive
- ETFs holding this stock are seeing positive inflows
- Bearish sentiment is low
Short interest | Positive
Short interest is low for PKG 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.
ETF/Index ownership | Positive
ETF activity is positive. Over the last month, ETFs holding PKG are favorable, with net inflows of $10.18 billion. Additionally, the rate of inflows is increasing.
PMI by IHS Markit | Neutral
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.
Credit default swap | Positive
The current level displays a positive indicator. PKG credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.
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