Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Short Interest Up 757.4% in June

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 117,920 shares, a growth of 757.4% from the June 15th total of 13,754 shares. Based on an average daily volume of 328,276 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Wal-Mart de Mexico SAB de CV Price Performance

Wal-Mart de Mexico SAB de CV stock traded up $0.20 during midday trading on Friday, reaching $28.29. 268,165 shares of the company were exchanged, compared to its average volume of 123,497. The firm’s 50-day simple moving average is $30.38 and its 200-day simple moving average is $31.76. Wal-Mart de Mexico SAB de CV has a 1 year low of $27.26 and a 1 year high of $35.47. The company has a market capitalization of $48.94 billion, a price-to-earnings ratio of 18.13, a P/E/G ratio of 1.84 and a beta of 0.64. 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 (OTCMKTS:WMMVY) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.01). The firm had revenue of $13.94 billion for the quarter, compared to analyst estimates of $14.27 billion. Wal-Mart de Mexico SAB de CV had a return on equity of 22.98% and a net margin of 4.94%. On average, analysts anticipate that Wal-Mart de Mexico SAB de CV will post 1.8 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Santander cut shares of Wal-Mart de Mexico SAB de CV to a “neutral” rating in a research note on Monday, April 20th. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Reduce”.

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.