Summary
Short interest in IBM dips before earnings; it's hovering near its all-time low.
On the other hand, institutions bought more IBM stock in the last reporting cycle.
Investors should just ignore the fear, uncertainty and doubt surround IBM, and stay long. That's what the institutional investors are doing.
IBM (IBM) reports its fourth-quarter earnings next week. The enterprise giant’s sales have been languishing across most of its segments and so several readers, commenters and investors have come to believe that its shares would continue to decline as we head further in 2019. But it seems like the Street doesn’t share this opinion. In fact, the latest short interest data report suggests that market participants haven’t built positions to actually profit off of its theorized decline. Also, big money seems to be backing long-side investments in IBM. Let's take a closer look to have a better understanding.
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