Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) Sees Significant Drop in Short Interest

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 37,800 shares, a drop of 42.6% from the December 31st total of 65,900 shares. Based on an average trading volume of 310,100 shares, the short-interest ratio is currently 0.1 days.

Wal-Mart de México Trading Up 1.3 %

OTCMKTS:WMMVY opened at $27.05 on Friday. Wal-Mart de México has a 1 year low of $25.01 and a 1 year high of $43.90. The stock has a 50-day moving average price of $27.42 and a two-hundred day moving average price of $29.77. The stock has a market cap of $47.19 billion, a price-to-earnings ratio of 15.46, a PEG ratio of 1.86 and a beta of 0.85.

Wal-Mart de México Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Monday, December 9th were given a $0.2194 dividend. The ex-dividend date of this dividend was Monday, December 9th. This is a positive change from Wal-Mart de México’s previous dividend of $0.22. Wal-Mart de México’s payout ratio is currently 27.43%.

Wall Street Analysts Forecast Growth

Separately, Barclays raised shares of Wal-Mart de México from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 20th.

Wal-Mart de México Company Profile

Wal-Mart de México, SAB. de C.V. owns and operates self-service stores in Mexico and Central America. The company operates discount warehouses and stores, hypermarkets, supermarkets, and membership self-service wholesale stores. It operates Bodega Aurrerá discount stores, Walmart hypermarkets, Walmart Express supermarkets, and Sam’s Club membership self-service wholesale stores.