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 target of a large increase in short interest during the month of 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 daily trading volume, of 248,400 shares, the days-to-cover ratio is currently 1.2 days.

Wal-Mart de México Stock Down 3.3 %

WMMVY opened at $28.70 on Friday. The business has a 50 day moving average price of $30.99 and a 200 day moving average price of $34.33. Wal-Mart de México has a twelve month low of $28.50 and a twelve month high of $43.90. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.47 and a current ratio of 1.12. The firm has a market cap of $50.07 billion, a P/E ratio of 16.21, a price-to-earnings-growth ratio of 1.95 and a beta of 0.86.

Wal-Mart de México (OTCMKTS:WMMVY) last issued its quarterly earnings results on Wednesday, July 24th. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.01). The business had revenue of $13.21 billion during the quarter. Wal-Mart de México had a return on equity of 27.32% and a net margin of 5.91%. Research analysts forecast that Wal-Mart de México will post 1.67 EPS for the current year.

Analysts Set New Price Targets

Separately, Jefferies Financial Group upgraded Wal-Mart de México from a “hold” rating to a “buy” rating in a report 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.