Betterware de Mexico SAPI de C (NYSE:BWMX) Short Interest Update

Betterware de Mexico SAPI de C (NYSE:BWMX) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 28,972 shares, an increase of 17.0% from the February 12th total of 24,766 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 127,047 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 127,047 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Quattro Financial Advisors LLC lifted its stake in shares of Betterware de Mexico SAPI de C by 42.9% in the 4th quarter. Quattro Financial Advisors LLC now owns 50,000 shares of the company’s stock valued at $710,000 after purchasing 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 grew its stake in Betterware de Mexico SAPI de C by 7.0% in the fourth quarter. State Street Corp now owns 90,082 shares of the company’s stock worth $1,280,000 after purchasing an additional 5,881 shares during the period. Hedge funds and other institutional investors own 12.72% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on BWMX. Zacks Research upgraded Betterware de Mexico SAPI de C from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Freedom Capital upgraded Betterware de Mexico SAPI de C to a “strong-buy” rating in a report on Friday, January 2nd. Finally, Weiss Ratings upgraded Betterware de Mexico SAPI de C from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 2nd. Two analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Strong Buy”.

Betterware de Mexico SAPI de C Trading Up 0.2%

NYSE:BWMX opened at $16.81 on Tuesday. The company has a 50-day moving average price of $17.74 and a 200-day moving average price of $15.16. Betterware de Mexico SAPI de C has a 12 month low of $7.00 and a 12 month high of $19.79. The company has a current ratio of 0.92, a quick ratio of 0.44 and a debt-to-equity ratio of 2.46. The stock has a market cap of $627.35 million, a price-to-earnings ratio of 11.44 and a beta of 1.26.

Betterware de Mexico SAPI de C (NYSE:BWMX) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.18). Betterware de Mexico SAPI de C had a net margin of 7.35% and a return on equity of 87.14%. The company had revenue of $212.26 million for the quarter.

Betterware de Mexico SAPI de C Company Profile

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.