Short Interest in Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) Declines By 42.6%

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY - Get Free Report) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 37,800 shares, a decrease of 42.6% from the December 31st total of 65,900 shares. Based on an average trading volume of 310,100 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Barclays raised shares of Wal-Mart de México from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 20th.

Wal-Mart de México Trading Down 1.3 %

Shares of WMMVY traded down $0.37 during trading hours on Wednesday, reaching $27.21. 86,080 shares of the stock traded hands, compared to its average volume of 101,614. Wal-Mart de México has a 52 week low of $25.01 and a 52 week high of $43.90. The stock has a fifty day simple moving average of $27.41 and a 200 day simple moving average of $29.79. The company has a market cap of $47.47 billion, a price-to-earnings ratio of 15.55, a PEG ratio of 1.97 and a beta of 0.85.

Wal-Mart de México Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Monday, December 9th were issued a $0.2194 dividend. The ex-dividend date of this dividend was Monday, December 9th. This is a positive change from Wal-Mart de México's previous dividend of $0.22. Wal-Mart de México's dividend payout ratio is currently 27.43%.

Wal-Mart de México 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.