Short Interest in Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Expands 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 large increase in short interest in 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 trading volume of 132,900 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 132,900 shares, the short-interest ratio is currently 0.8 days.

Wall Street Analysts Forecast Growth

Separately, Scotiabank cut Wal-Mart de Mexico SAB de CV to a "sector perform" rating in a research note on Tuesday.

Wal-Mart de Mexico SAB de CV Stock Down 0.3%

Shares of OTCMKTS WMMVY opened at $28.94 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.34 and a current ratio of 0.94. 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 market capitalization of $50.49 billion, a P/E ratio of 19.29, a PEG ratio of 6.32 and a beta of 0.78. The stock's fifty day moving average is $31.72 and its 200 day moving average is $29.95.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) last released its quarterly earnings data on Wednesday, July 16th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.06). Wal-Mart de Mexico SAB de CV had a net margin of 5.22% and a return on equity of 22.23%. The business had revenue of $12.63 billion during the quarter, compared to analyst estimates of $12.75 billion. Sell-side analysts forecast that Wal-Mart de Mexico SAB de CV will post 1.68 earnings per share for the current fiscal year.

Wal-Mart de Mexico SAB de CV 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.

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