Betterware de Mexico SAPI de C (NYSE:BWMX) Short Interest Down 27.1% in January

Betterware de Mexico SAPI de C (NYSE:BWMX) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 22,777 shares, a decline of 27.1% from the January 15th total of 31,224 shares. Based on an average trading volume of 179,206 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 179,206 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Betterware de Mexico SAPI de C

A number of large investors have recently modified their holdings of BWMX. Quattro Financial Advisors LLC lifted its holdings in Betterware de Mexico SAPI de C by 42.9% in the fourth quarter. Quattro Financial Advisors LLC now owns 50,000 shares of the company’s stock worth $710,000 after buying an additional 15,000 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Betterware de Mexico SAPI de C by 11.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 60,663 shares of the company’s stock valued at $862,000 after purchasing an additional 6,274 shares in the last quarter. Finally, State Street Corp boosted its position in shares of Betterware de Mexico SAPI de C by 7.0% during the fourth quarter. State Street Corp now owns 90,082 shares of the company’s stock valued at $1,280,000 after purchasing an additional 5,881 shares in the last quarter. Institutional investors own 12.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on BWMX. Weiss Ratings reiterated a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a research report on Monday, December 29th. Zacks Research upgraded shares of Betterware de Mexico SAPI de C from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Finally, Freedom Capital raised shares of Betterware de Mexico SAPI de C to a “strong-buy” rating in a research report on Friday, January 2nd. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, Betterware de Mexico SAPI de C has an average rating of “Buy”.

Betterware de Mexico SAPI de C Stock Performance

Shares of Betterware de Mexico SAPI de C stock remained flat at $18.20 during midday trading on Friday. The company had a trading volume of 103,947 shares, compared to its average volume of 141,280. The firm has a 50 day moving average price of $16.22. Betterware de Mexico SAPI de C has a one year low of $7.00 and a one year high of $19.79. The company has a market capitalization of $679.22 million, a P/E ratio of 10.83 and a beta of 1.24. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.93 and a quick ratio of 0.44.

About Betterware de Mexico SAPI de C

Betterware de Mexico SAPI de C.V. is a Mexico City–based home solutions company that designs, sources and distributes a broad portfolio of organizational and household products. Through a direct-to-consumer model, Betterware offers storage and organization items, kitchenware, cleaning tools, personal care accessories and pet care products. The company leverages both digital channels and a catalog-driven distribution network to reach end customers, pairing an e-commerce platform with an independent sales advisor network.

Founded in 1995, Betterware has built a multi-channel sales infrastructure that relies on regional distribution centers and a large community of independent representatives.