Short Interest in Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Rises By 55.2%

Key Points

• Short interest in Wal-Mart de Mexico SAB de CV surged by 55.2% in July, reaching 112,200 shares compared to 72,300 in June, indicating increased bearish sentiment among investors.
• Scotiabank downgraded the company's rating to "sector perform", reflecting a cautious outlook amid underperformance in recent earnings reports.
• Wal-Mart de Mexico reported earnings of $0.33 per share for the latest quarter, missing the consensus estimate of $0.39, alongside revenue of $12.63 billion, falling short of analyst expectations.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 112,200 shares, anincreaseof55.2% from the June 30th total of 72,300 shares. Based on an average daily trading volume, of 132,900 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 132,900 shares, the short-interest ratio is presently 0.8 days.

Analyst Upgrades and Downgrades

Separately, Scotiabank lowered shares of Wal-Mart de Mexico SAB de CV from a "strong-buy" rating to a "hold" rating in a research note on Tuesday.

Wal-Mart de Mexico SAB de CV Stock Performance

WMMVY stock traded down $0.49 during trading on Friday, hitting $30.29. 30,509 shares of the company's stock traded hands, compared to its average volume of 136,868. The company has a quick ratio of 0.34, a current ratio of 0.94 and a debt-to-equity ratio of 0.37. Wal-Mart de Mexico SAB de CV has a 52 week low of $24.30 and a 52 week high of $35.78. The stock has a fifty day moving average price of $31.59 and a two-hundred day moving average price of $30.02. The stock has a market capitalization of $52.84 billion, a price-to-earnings ratio of 20.19, a price-to-earnings-growth ratio of 6.59 and a beta of 0.78.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) last released its quarterly earnings results on Wednesday, July 16th. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.06). The firm had revenue of $12.63 billion for the quarter, compared to the consensus estimate of $12.75 billion. Wal-Mart de Mexico SAB de CV had a return on equity of 22.23% and a net margin of 5.22%. As a group, equities analysts anticipate that Wal-Mart de Mexico SAB de CV will post 1.68 EPS for the current fiscal year.

About Wal-Mart de Mexico SAB de CV

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.