Short Interest in Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Rises By 105.1%

Key Points

• Wal-Mart de Mexico saw a significant increase in short interest, rising by 105.1% in July, totaling 230,100 shares shorted as of July 31st.
• The company reported $0.33 EPS for the quarter, missing analysts' expectations and experiencing a decrease in revenue compared to forecasts.
• Scotiabank downgraded Wal-Mart de Mexico from a "strong-buy" to a "hold" rating on August 5th.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 230,100 shares, agrowthof105.1% from the July 15th total of 112,200 shares. Based on an average daily trading volume, of 358,300 shares, the short-interest ratio is currently 0.6 days. Currently,0.0% of the shares of the stock are short sold. Currently,0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 358,300 shares, the short-interest ratio is currently 0.6 days.

Analyst Upgrades and Downgrades

Separately, Scotiabank cut shares of Wal-Mart de Mexico SAB de CV from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Wal-Mart de Mexico SAB de CV currently has a consensus rating of "Buy".

Wal-Mart de Mexico SAB de CV Trading Up 1.7%

Shares of WMMVY stock traded up $0.51 during trading hours on Tuesday, reaching $30.35. 22,874 shares of the stock were exchanged, compared to its average volume of 108,833. Wal-Mart de Mexico SAB de CV has a 12-month low of $24.30 and a 12-month high of $35.78. The company's 50-day moving average price is $31.16 and its 200-day moving average price is $30.16. The firm has a market capitalization of $52.95 billion, a price-to-earnings ratio of 20.23, a price-to-earnings-growth ratio of 6.56 and a beta of 0.78. The company has a current ratio of 0.94, a quick ratio of 0.34 and a debt-to-equity ratio of 0.37.

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 (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.06). The company had revenue of $12.63 billion during the quarter, compared to analysts' expectations of $12.75 billion. Wal-Mart de Mexico SAB de CV had a net margin of 5.22% and a return on equity of 22.23%. As a group, equities analysts anticipate that Wal-Mart de Mexico SAB de CV will post 1.68 earnings per share for the current 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.