Short Interest in Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Rises By 581.7%

Key Points

• Short interest in Wal-Mart de Mexico SAB de CV increased dramatically by 581.7% in September, rising from 19,700 to 134,300 shares.
• The company reported $0.33 EPS for the most recent quarter, missing expectations of $0.39, with quarterly revenue also falling short at $12.63 billion.
• Scotiabank downgraded Wal-Mart de Mexico from a "strong-buy" to a "hold" rating, with the current consensus rating being "Buy".

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 134,300 shares, an increase of 581.7% from the September 15th total of 19,700 shares. Based on an average daily volume of 390,300 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 390,300 shares, the days-to-cover ratio is currently 0.3 days.

Wal-Mart de Mexico SAB de CV Price Performance

Shares of OTCMKTS WMMVY opened at $33.90 on Friday. The firm has a market cap of $59.14 billion, a PE ratio of 22.60, a PEG ratio of 7.36 and a beta of 0.81. The firm has a fifty day moving average of $30.52 and a 200 day moving average of $31.10. 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 one year low of $24.30 and a one year high of $35.78.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) last issued 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). Wal-Mart de Mexico SAB de CV had a return on equity of 22.23% and a net margin of 5.22%.The company had revenue of $12.63 billion during the quarter, compared to analysts' expectations of $12.75 billion. As a group, research analysts predict that Wal-Mart de Mexico SAB de CV will post 1.68 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Scotiabank lowered shares of Wal-Mart de Mexico SAB de CV from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Wal-Mart de Mexico SAB de CV presently has a consensus rating of "Buy".

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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