Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) Short Interest Down 60.0% in October

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) was the recipient of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 123,300 shares, a decrease of 60.0% from the October 15th total of 308,300 shares. Based on an average daily volume of 251,700 shares, the days-to-cover ratio is presently 0.5 days.

Wal-Mart de México Stock Performance

WMMVY opened at $27.96 on Thursday. The business’s 50-day simple moving average is $29.85 and its 200-day simple moving average is $33.30. The stock has a market capitalization of $48.78 billion, a P/E ratio of 15.70, a price-to-earnings-growth ratio of 1.86 and a beta of 0.87. Wal-Mart de México has a one year low of $26.22 and a one year high of $43.90.

Wal-Mart de México (OTCMKTS:WMMVY) last announced its earnings results on Wednesday, October 23rd. The company reported $0.39 EPS for the quarter. The business had revenue of $12.18 billion for the quarter. Wal-Mart de México had a net margin of 5.73% and a return on equity of 26.30%. On average, equities research analysts forecast that Wal-Mart de México will post 1.66 EPS for the current fiscal year.

Wal-Mart de México Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, November 22nd. Investors of record on Friday, November 15th will be issued a dividend of $0.2176 per share. The ex-dividend date is Friday, November 15th. Wal-Mart de México’s dividend payout ratio is currently 56.00%.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group upgraded shares of Wal-Mart de México from a “hold” rating to a “buy” rating in a research report on Monday, September 9th.

Wal-Mart de México Company Profile

Wal-Mart de México, SAB. de C.V. owns and operates self-service stores in Mexico and Central America. The company operates discount warehouses and stores, hypermarkets, supermarkets, and membership self-service wholesale stores. It operates Bodega Aurrerá discount stores, Walmart hypermarkets, Walmart Express supermarkets, and Sam’s Club membership self-service wholesale stores.