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

Betterware de Mexico SAPI de C (NYSE:BWMX) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 75,562 shares, an increase of 16.6% from the March 31st total of 64,800 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 80,977 shares, the short-interest ratio is presently 0.9 days.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on BWMX shares. Zacks Research lowered shares of Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a report on Wednesday. Freedom Capital raised shares of Betterware de Mexico SAPI de C to a “strong-buy” rating in a report on Friday, January 2nd. Finally, Weiss Ratings raised shares of Betterware de Mexico SAPI de C from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Betterware de Mexico SAPI de C currently has a consensus rating of “Moderate Buy”.

Insider Buying and Selling at Betterware de Mexico SAPI de C

In other news, CEO Andres Campos Chevallier acquired 10,000 shares of the company’s stock in a transaction dated Tuesday, April 28th. The stock was bought at an average price of $16.81 per share, with a total value of $168,100.00. Following the completion of the acquisition, the chief executive officer owned 50,000 shares in the company, valued at approximately $840,500. This represents a 25.00% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Hedge Funds Weigh In On Betterware de Mexico SAPI de C

Hedge funds and other institutional investors have recently bought and sold shares of the business. Quattro Financial Advisors LLC boosted its stake 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 valued at $710,000 after acquiring an additional 15,000 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Betterware de Mexico SAPI de C by 11.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 60,663 shares of the company’s stock valued at $862,000 after acquiring an additional 6,274 shares during the last quarter. Finally, State Street Corp boosted 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 valued at $1,280,000 after acquiring an additional 5,881 shares during the last quarter. 12.72% of the stock is owned by institutional investors.

Betterware de Mexico SAPI de C Price Performance

Shares of Betterware de Mexico SAPI de C stock traded down $0.15 during midday trading on Friday, reaching $16.86. The company had a trading volume of 110,580 shares, compared to its average volume of 94,501. The company has a current ratio of 0.93, a quick ratio of 0.47 and a debt-to-equity ratio of 2.10. The company has a market capitalization of $629.33 million, a price-to-earnings ratio of 9.92 and a beta of 1.06. The stock has a fifty day simple moving average of $17.53 and a 200 day simple moving average of $16.10. Betterware de Mexico SAPI de C has a 1-year low of $7.00 and a 1-year high of $19.79.

Betterware de Mexico SAPI de C (NYSE:BWMX) last announced its quarterly earnings data on Wednesday, April 1st. The company reported $0.42 earnings per share (EPS) for the quarter. Betterware de Mexico SAPI de C had a net margin of 8.19% and a return on equity of 89.15%. The firm had revenue of $196.19 million for the quarter. As a group, equities research analysts forecast that Betterware de Mexico SAPI de C will post 2.37 earnings per share for the current year.

Betterware de Mexico SAPI de C Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 21st. Shareholders of record on Tuesday, May 12th will be paid a $0.3063 dividend. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $1.23 dividend on an annualized basis and a yield of 7.3%. Betterware de Mexico SAPI de C’s dividend payout ratio (DPR) is presently 65.88%.

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.