Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) Short Interest Down 60.0% in October

Posted by Emily Schoerning on Nov 13th, 2024

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY – Get Free Report) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 123,300 shares, a decrease of 60.0% from the October 15th total of 308,300 shares. Based on an average trading volume of 251,700 shares, the days-to-cover ratio is presently 0.5 days.

Wal-Mart de México Trading Down 1.4 %

OTCMKTS WMMVY opened at $27.48 on Wednesday. The company has a current ratio of 1.12, a quick ratio of 0.47 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $47.94 billion, a PE ratio of 15.92, a price-to-earnings-growth ratio of 1.89 and a beta of 0.87. Wal-Mart de México has a 1-year low of $26.22 and a 1-year high of $43.90. The firm’s fifty day simple moving average is $29.92 and its 200-day simple moving average is $33.37.

Wal-Mart de México (OTCMKTS:WMMVY – Get Free Report) last posted its earnings results on Wednesday, October 23rd. The company reported $0.39 EPS for the quarter. The firm 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 25.59%. As a group, sell-side analysts anticipate that Wal-Mart de México will post 1.66 earnings per share for the current fiscal year.

Wal-Mart de México Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Friday, November 15th will be given a dividend of $0.2176 per share. The ex-dividend date is Friday, November 15th. Wal-Mart de México’s payout ratio is 56.00%.

Wall Street Analysts Forecast Growth

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.

Check Out Our Latest Stock Analysis on WMMVY

About Wal-Mart de México

(Get Free Report)

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.