Short Interest in Betterware de Mexico SAPI de C (NYSE:BWMX) Drops By 27.1%

Betterware de Mexico SAPI de C (NYSE:BWMX) was the target of 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 daily volume of 179,206 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 179,206 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Betterware de Mexico SAPI de C

A number of hedge funds have recently made changes to their positions in the company. Quattro Financial Advisors LLC boosted its position 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 buying an additional 15,000 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of 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 raised its stake in shares of 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. Institutional investors and hedge funds own 12.72% of the company’s stock.

Betterware de Mexico SAPI de C Price Performance

Shares of BWMX stock opened at $18.20 on Friday. The company has a fifty day moving average 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 firm has a market cap of $679.22 million, a price-to-earnings ratio of 13.00 and a beta of 1.25. The company has a current ratio of 0.93, a quick ratio of 0.44 and a debt-to-equity ratio of 2.66.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Freedom Capital raised Betterware de Mexico SAPI de C to a “strong-buy” rating in a research report on Friday, January 2nd. Zacks Research raised Betterware de Mexico SAPI de C from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a research note on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Betterware de Mexico SAPI de C has a consensus rating of “Buy”.

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.