Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY) Short Interest Up 105.9% in August

Key Points

• Short interest in Kimberly-Clark de Mexico rose by 105.9% in August, with a total of 52,500 shares short as of August 31, indicating increased investor bearishness.
• The company reported earnings per share of $0.16 for the last quarter, falling short of expectations by $0.01, with revenue of $749.76 million against an estimate of $14.27 billion.
• Kimberly-Clark de Mexico also announced a dividend cut, with a recent payout of $0.1121 per share, reflecting a dividend yield of 485.0% and a payout ratio of 79.03%.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY - Get Free Report) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 52,500 shares, a growth of 105.9% from the August 15th total of 25,500 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 50,200 shares, the short-interest ratio is presently 1.0 days. Based on an average daily trading volume, of 50,200 shares, the short-interest ratio is presently 1.0 days. Currently, 0.0% of the shares of the stock are sold short.

Kimberly-Clark de Mexico SAB de CV Price Performance

OTCMKTS KCDMY traded up $0.13 on Friday, reaching $10.21. The company's stock had a trading volume of 16,454 shares, compared to its average volume of 38,453. Kimberly-Clark de Mexico SAB de CV has a twelve month low of $6.50 and a twelve month high of $10.26. The company has a debt-to-equity ratio of 4.62, a quick ratio of 0.97 and a current ratio of 1.19. The stock has a market cap of $6.28 billion, a PE ratio of 16.47 and a beta of 0.76. The firm's 50 day moving average is $9.60 and its two-hundred day moving average is $8.95.

Kimberly-Clark de Mexico SAB de CV (OTCMKTS:KCDMY - Get Free Report) last issued its quarterly earnings results on Friday, July 18th. The basic materials company reported $0.16 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by ($0.01). Kimberly-Clark de Mexico SAB de CV had a net margin of 13.36% and a return on equity of 135.47%. The business had revenue of $749.76 million during the quarter, compared to analyst estimates of $14.27 billion.

Kimberly-Clark de Mexico SAB de CV Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 11th. Shareholders of record on Thursday, July 3rd were paid a dividend of $0.1121 per share. The ex-dividend date of this dividend was Wednesday, July 2nd. This represents a yield of 485.0%. Kimberly-Clark de Mexico SAB de CV's dividend payout ratio is currently 79.03%.

Wall Street Analyst Weigh In

Separately, Itau BBA Securities lowered shares of Kimberly-Clark de Mexico SAB de CV to a "market perform" rating in a research report on Wednesday, May 21st. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of "Hold".

Kimberly-Clark de Mexico SAB de CV Company Profile

Kimberly-Clark de México, S. A. B. de C. V., together with its subsidiaries, manufactures, distributes, and markets disposable products in Mexico. The company offers baby diapers, training pants, swim pants, wet wipes, shampoos, creams, bar soaps, and feeding products. It also provides toilet papers, napkins, facial tissues, paper towels, feminine pads, panty liners, tampons, intimate wipes, and menstrual cups.

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