Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Short Interest Down 67.4% in July

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 101,395 shares, a decrease of 67.4% from the July 15th total of 311,051 shares. Based on an average daily volume of 291,450 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Wal-Mart de Mexico SAB de CV Stock Up 0.6%

WMMVY stock opened at $27.88 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.33 and a current ratio of 0.97. Wal-Mart de Mexico SAB de CV has a fifty-two week low of $26.62 and a fifty-two week high of $35.47. The company has a market capitalization of $48.23 billion, a price-to-earnings ratio of 17.42, a price-to-earnings-growth ratio of 2.29 and a beta of 0.64. The business’s 50 day moving average price is $28.73 and its two-hundred day moving average price is $31.07.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last announced its earnings results on Wednesday, July 22nd. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.02. The business had revenue of $14.43 billion during the quarter, compared to analyst estimates of $14.32 billion. Wal-Mart de Mexico SAB de CV had a return on equity of 22.89% and a net margin of 4.90%. As a group, analysts forecast that Wal-Mart de Mexico SAB de CV will post 1.75 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Santander lowered shares of Wal-Mart de Mexico SAB de CV to a “neutral” rating in a research note on Monday, April 20th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Wal-Mart de Mexico SAB de CV currently has an average rating of “Reduce”.

Hedge Funds Weigh In On Wal-Mart de Mexico SAB de CV

An institutional investor recently raised its position in Wal-Mart de Mexico SAB de CV stock. Madison Asset Management LLC raised its holdings in Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) by 16.2% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 105,001 shares of the company’s stock after acquiring an additional 14,675 shares during the quarter. Madison Asset Management LLC’s holdings in Wal-Mart de Mexico SAB de CV were worth $3,088,000 as of its most recent filing with the Securities & Exchange Commission.

About Wal-Mart de Mexico SAB de CV

Wal-Mart de México SAB de CV (OTCMKTS: WMMVY) is a leading Mexican retail company that operates a broad array of retail formats focused on serving everyday consumer needs. Its core activities include operating supermarkets, discount stores, membership warehouse clubs and related retail formats that sell groceries, perishables, household goods, apparel, electronics and general merchandise. The company also provides associated services commonly found in large retail chains, such as in-store pharmacies, basic financial and payment services, and e-commerce fulfillment to meet growing online demand.

The company’s operations are centered in Mexico and extend into several countries in Central America, where it serves urban and suburban consumers through a mix of neighborhood discount outlets, larger full-service supermarkets and membership-based warehouse clubs.