Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) Sees Large Decrease in Short Interest

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY - Get Free Report) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 123,300 shares, a decrease of 60.0% from the October 15th total of 308,300 shares. Based on an average daily volume of 251,700 shares, the short-interest ratio is presently 0.5 days.

Analysts Set New Price Targets

Separately, Jefferies Financial Group raised Wal-Mart de México from a "hold" rating to a "buy" rating in a research report on Monday, September 9th.

Wal-Mart de México Stock Up 1.7 %

Wal-Mart de México stock traded up $0.48 during mid-day trading on Wednesday, reaching $27.96. 240,787 shares of the company's stock were exchanged, compared to its average volume of 88,719. The company has a fifty day moving average of $29.85 and a 200-day moving average of $33.30. The company has a market cap of $48.78 billion, a P/E ratio of 15.70, a P/E/G ratio of 1.86 and a beta of 0.87. Wal-Mart de México has a twelve month low of $26.22 and a twelve month high of $43.90.

Wal-Mart de México (OTCMKTS:WMMVY - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $0.39 earnings per share (EPS) for the quarter. Wal-Mart de México had a return on equity of 26.30% and a net margin of 5.73%. The business had revenue of $12.18 billion for the quarter. Equities research analysts expect that Wal-Mart de México will post 1.66 earnings per share for the current fiscal year.

Wal-Mart de México Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Friday, November 15th will be issued a dividend of $0.2176 per share. The ex-dividend date is Friday, November 15th. Wal-Mart de México's dividend payout ratio (DPR) is presently 56.00%.

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.