Almacenes Éxito S.A. (NYSE:EXTO) Sees Significant Increase in Short Interest

Almacenes Éxito S.A. (NYSE:EXTO - Get Free Report) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 39,900 shares, an increase of 11.8% from the October 31st total of 35,700 shares. Based on an average daily volume of 27,700 shares, the short-interest ratio is presently 1.4 days.

Almacenes Éxito Trading Up 1.9 %

Shares of EXTO traded up $0.07 during mid-day trading on Monday, hitting $3.81. The company's stock had a trading volume of 59,144 shares, compared to its average volume of 112,088. The firm has a 50-day simple moving average of $4.14 and a 200 day simple moving average of $4.26. The company has a quick ratio of 0.32, a current ratio of 0.73 and a debt-to-equity ratio of 0.25. Almacenes Éxito has a 1-year low of $3.71 and a 1-year high of $7.30.

Almacenes Éxito Increases Dividend

The firm also recently disclosed a -- dividend, which will be paid on Tuesday, December 17th. Investors of record on Monday, December 9th will be paid a $0.0248 dividend. This represents a yield of 1.2%. This is a boost from Almacenes Éxito's previous -- dividend of $0.01. The ex-dividend date of this dividend is Monday, December 9th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Sanders Morris Harris LLC acquired a new position in Almacenes Éxito during the second quarter worth approximately $42,000. Kathmere Capital Management LLC acquired a new stake in shares of Almacenes Éxito during the 2nd quarter worth $71,000. HBK Sorce Advisory LLC purchased a new position in shares of Almacenes Éxito in the 2nd quarter worth $77,000. Finally, Caprock Group LLC acquired a new position in Almacenes Éxito in the second quarter valued at $259,000.

Almacenes Éxito Company Profile

Almacenes Éxito SA operates as a retail commerce company in South America. The company operates a chain of retail stores primarily under the Éxito, Carulla, Surtimax, Super Inter, Surti Mayorista, Libertad, Mini Libertad, Devoto, Disco, and Géant brands. It is also involved in the online commerce activities.