Short Interest in Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) Declines By 60.9%

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 92,500 shares, a decrease of 60.9% from the September 15th total of 236,400 shares. Based on an average daily trading volume, of 248,900 shares, the days-to-cover ratio is currently 0.4 days.

Wal-Mart de México Stock Performance

OTCMKTS WMMVY opened at $30.56 on Friday. The company has a current ratio of 1.12, a quick ratio of 0.47 and a debt-to-equity ratio of 0.35. The company has a fifty day simple moving average of $31.40 and a 200 day simple moving average of $35.03. Wal-Mart de México has a 12-month low of $28.91 and a 12-month high of $43.90. The company has a market cap of $53.31 billion, a P/E ratio of 16.79, a PEG ratio of 1.95 and a beta of 0.86.

Wal-Mart de México (OTCMKTS:WMMVY) last posted its earnings results on Wednesday, July 24th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.01). Wal-Mart de México had a return on equity of 27.32% and a net margin of 5.91%. The firm had revenue of $13.21 billion during the quarter. Sell-side analysts predict that Wal-Mart de México will post 1.67 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

About Wal-Mart de México

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.