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 target of a large increase in short interest in August. As of August 31st, there was short interest totaling 52,500 shares, an increase of 105.9% from the August 15th total of 25,500 shares. Based on an average daily trading volume, of 50,200 shares, the short-interest ratio is presently 1.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 50,200 shares, the short-interest ratio is presently 1.0 days.

Kimberly-Clark de Mexico SAB de CV Price Performance

KCDMY stock traded down $0.41 during midday trading on Friday, reaching $9.80. 26,420 shares of the company's stock traded hands, compared to its average volume of 49,101. The company has a 50-day simple moving average of $9.69 and a two-hundred day simple moving average of $9.03. Kimberly-Clark de Mexico SAB de CV has a 1-year low of $6.50 and a 1-year high of $10.55. The company has a market cap of $6.03 billion, a price-to-earnings ratio of 15.81 and a beta of 0.76. The company has a quick ratio of 0.97, a current ratio of 1.19 and a debt-to-equity ratio of 4.62.

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

Kimberly-Clark de Mexico SAB de CV Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, July 11th. Shareholders of record on Thursday, July 3rd were paid a $0.1121 dividend. The ex-dividend date 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%.

About Kimberly-Clark de Mexico SAB de CV

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.