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

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 62,700 shares, a decline of 33.9% from the February 13th total of 94,800 shares. Based on an average daily volume of 228,700 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Barclays upgraded Wal-Mart de México from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 20th.

Wal-Mart de México Stock Performance

OTCMKTS WMMVY opened at $26.78 on Friday. The stock has a fifty day moving average of $27.17 and a 200-day moving average of $28.34. The stock has a market capitalization of $46.72 billion, a P/E ratio of 15.85, a price-to-earnings-growth ratio of 2.28 and a beta of 0.87. Wal-Mart de México has a 52 week low of $24.30 and a 52 week high of $41.51.

Wal-Mart de México (OTCMKTS:WMMVY) last released its earnings results on Thursday, February 13th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.05). The firm had revenue of $13.59 billion during the quarter. Wal-Mart de México had a net margin of 5.63% and a return on equity of 25.22%. Equities research analysts forecast that Wal-Mart de México will post 1.68 earnings per share for the current fiscal year.

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.