Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 308,300 shares, an increase of 233.3% from the September 30th total of 92,500 shares. Based on an average trading volume of 248,400 shares, the short-interest ratio is currently 1.2 days.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group raised shares of Wal-Mart de México from a “hold” rating to a “buy” rating in a research note on Monday, September 9th.
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Wal-Mart de México Stock Down 3.3 %
Wal-Mart de México (OTCMKTS:WMMVY – Get Free Report) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.01). Wal-Mart de México had a return on equity of 27.32% and a net margin of 5.91%. The company had revenue of $13.21 billion during the quarter. Equities analysts expect that Wal-Mart de México will post 1.67 earnings per share for the current year.
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.
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