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

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

Wal-Mart de México Price Performance

Shares of Wal-Mart de México stock opened at $27.50 on Friday. Wal-Mart de México has a 1 year low of $26.22 and a 1 year high of $43.90. The firm has a market cap of $47.98 billion, a PE ratio of 15.71, a PEG ratio of 1.86 and a beta of 0.87. The company has a 50 day simple moving average of $29.80 and a two-hundred day simple moving average of $33.26.

Wal-Mart de México (OTCMKTS:WMMVY) last released its earnings results on Wednesday, October 23rd. The company reported $0.39 earnings per share for the quarter. Wal-Mart de México had a return on equity of 26.30% and a net margin of 5.73%. The company had revenue of $12.18 billion during the quarter. As a group, research analysts anticipate that Wal-Mart de México will post 1.66 earnings per share for the current year.

Wal-Mart de México Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, December 20th. Investors of record on Monday, December 9th will be given a dividend of $0.2194 per share. This is a positive change from Wal-Mart de México’s previous dividend of $0.22. The ex-dividend date is Monday, December 9th. Wal-Mart de México’s dividend payout ratio (DPR) is presently 13.71%.

Analysts Set New Price Targets

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

Wal-Mart de México Company Profile

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.