Short Interest Watching: Time to Reconsider Standard and Poors Global Incorporated (NYSE:SPGI) After Less Short Sellers?

December 1, 2016 - By Marie Mckinney   ·   0 Comments

Short Interest Watching: Time to Reconsider Standard and Poors Global Incorporated (NYSE:SPGI) After Less Short Sellers?

The stock of Standard and Poors Global Incorporated (NYSE:SPGI) registered a decrease of 8.2% in short interest. SPGI’s total short interest was 6.13 million shares in December as published by FINRA. Its down 8.2% from 6.68M shares, reported previously. With 1.06 million shares average volume, it will take short sellers 6 days to cover their SPGI’s short positions. The stock decreased 0.52% or $0.62 during the last trading session, hitting $118.99. S&P Global Inc (NYSE:SPGI) has risen 10.26% since April 28, 2016 and is uptrending. It has outperformed by 4.33% the S&P500.

S&P Global Inc., formerly McGraw Hill Financial, Inc., is a well-known provider of transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets across the world. The company has a market cap of $31.15 billion. The Company’s products cater to the capital markets, which includes asset managers, investment banks, commercial banks, exchanges and issuers; the commodities markets, which includes producers, traders and intermediaries within energy, metals, petrochemicals and agriculture, and the commercial markets, which includes professionals and corporate executives within automotive and marketing/research information services. It has a 17.48 P/E ratio. The Firm operates its business through four divisions: Standard & Poor’s Ratings Services , S&P Global Market Intelligence, S&P Dow Jones Indices (S&P DJ Indices) and S&P Global Platts.

SPGI Company Profile

S&P Global Inc., formerly McGraw Hill Financial, Inc., incorporated on December 29, 1925, is a well-known provider of transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets across the world. The Company’s products cater to the capital markets, which includes asset managers, investment banks, commercial banks, exchanges and issuers; the commodities markets, which includes producers, traders and intermediaries within energy, metals, petrochemicals and agriculture, and the commercial markets, which includes professionals and corporate executives within automotive and marketing/research information services. The Firm operates its business through four divisions: Standard & Poor’s Ratings Services (S&P Ratings), S&P Global Market Intelligence, S&P Dow Jones Indices (S&P DJ Indices) and S&P Global Platts. The Firm serves through a range of services and products available through both third-party and distribution channels.

More news for S&P Global Inc (NYSE:SPGI) were recently published by: Nasdaq.com, which released: “S&P Global Inc. (SPGI) Ex-Dividend Date Scheduled for November 23, 2016” on November 22, 2016. Prnewswire.com‘s article titled: “TOCOM and S&P Global Platts Sign Memorandum of Understanding” and published on November 22, 2016 is yet another important article.

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By Marie Mckinney


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