Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) Short Interest Update

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 219,300 shares, a growth of 8,022.2% from the August 15th total of 2,700 shares. Based on an average daily volume of 195,600 shares, the days-to-cover ratio is presently 1.1 days.

Wal-Mart de México Price Performance

Wal-Mart de México stock opened at $31.57 on Friday. The firm has a fifty day moving average of $33.13 and a 200-day moving average of $36.24. Wal-Mart de México has a 52-week low of $29.00 and a 52-week high of $43.90. The company has a quick ratio of 0.47, a current ratio of 1.12 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $55.08 billion, a P/E ratio of 17.84, a PEG ratio of 1.78 and a beta of 0.86.

Wal-Mart de México (OTCMKTS:WMMVY) last announced its quarterly earnings results on Wednesday, July 24th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.01). The company had revenue of $13.21 billion during the quarter. Wal-Mart de México had a net margin of 5.91% and a return on equity of 27.32%. As a group, analysts predict that Wal-Mart de México will post 1.86 EPS for the current year.

Wall Street Analysts Forecast Growth

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

About Wal-Mart de México

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.