Short Interest in Almacenes Éxito S.A. (NYSE:EXTO) Drops By 13.9%

Almacenes Éxito S.A. (NYSE:EXTO) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 60,500 shares, a drop of 13.9% from the December 15th total of 70,300 shares. Based on an average daily trading volume, of 51,600 shares, the short-interest ratio is currently 1.2 days.

Almacenes Éxito Price Performance

Shares of EXTO stock traded up $0.01 during trading on Friday, hitting $3.64. The company’s stock had a trading volume of 138,955 shares, compared to its average volume of 76,696. The business has a fifty day moving average of $3.75 and a 200-day moving average of $4.09. Almacenes Éxito has a 52 week low of $3.00 and a 52 week high of $7.30. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.32 and a current ratio of 0.73.

Almacenes Éxito Increases Dividend

The firm also recently announced a — dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 9th were given a dividend of $0.0248 per share. The ex-dividend date of this dividend was Monday, December 9th. This is a positive change from Almacenes Éxito’s previous — dividend of $0.01. This represents a dividend yield of 1.2%.

Institutional Investors Weigh In On Almacenes Éxito

A hedge fund recently bought a new stake in Almacenes Éxito stock. Kathmere Capital Management LLC acquired a new position in Almacenes Éxito S.A. (NYSE:EXTO) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 16,834 shares of the company’s stock, valued at approximately $71,000.

About Almacenes Éxito

Almacenes Éxito SA operates as a retail commerce company in South America. The company operates a chain of retail stores primarily under the Éxito, Carulla, Surtimax, Super Inter, Surti Mayorista, Libertad, Mini Libertad, Devoto, Disco, and Géant brands. It is also involved in the online commerce activities.