Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Short Interest Down 34.5% in January

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 55,865 shares, a drop of 34.5% from the January 15th total of 85,304 shares. Based on an average trading volume of 319,430 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 319,430 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on WMMVY shares. Barclays lowered shares of Wal-Mart de Mexico SAB de CV from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 2nd. Morgan Stanley cut Wal-Mart de Mexico SAB de CV to an “underweight” rating in a report on Wednesday, January 28th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Wal-Mart de Mexico SAB de CV currently has an average rating of “Reduce”.

Wal-Mart de Mexico SAB de CV Stock Up 1.0%

Shares of OTCMKTS WMMVY opened at $34.06 on Friday. The company has a 50-day moving average of $32.48 and a 200 day moving average of $31.89. Wal-Mart de Mexico SAB de CV has a 12-month low of $25.41 and a 12-month high of $35.78. The stock has a market cap of $58.93 billion, a PE ratio of 23.17, a P/E/G ratio of 5.55 and a beta of 0.80. The company has a current ratio of 0.95, a quick ratio of 0.34 and a debt-to-equity ratio of 0.37.

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.