Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) Sees Large Increase in Short Interest

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 65,900 shares, a growth of 1,838.2% from the November 30th total of 3,400 shares. Based on an average daily volume of 703,500 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

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

Wal-Mart de México Trading Down 1.0 %

Shares of WMMVY stock opened at $27.54 on Friday. The business’s fifty day simple moving average is $27.94 and its 200-day simple moving average is $30.96. Wal-Mart de México has a 12-month low of $25.01 and a 12-month high of $43.90. The company has a market cap of $48.05 billion, a PE ratio of 15.74, a PEG ratio of 2.14 and a beta of 0.87.

Wal-Mart de México (OTCMKTS:WMMVY) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $0.39 earnings per share (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 analysts forecast that Wal-Mart de México will post 1.62 earnings per share for the current year.

Wal-Mart de México Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Monday, December 9th were issued a $0.2194 dividend. This is an increase from Wal-Mart de México’s previous dividend of $0.22. The ex-dividend date of this dividend was Monday, December 9th. Wal-Mart de México’s dividend payout ratio is 26.86%.

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.