Betterware de Mexico SAPI de C (NYSE:BWMX) Short Interest Down 27.1% in January

Betterware de Mexico SAPI de C (NYSE:BWMX) was the recipient of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 22,777 shares, a decrease of 27.1% from the January 15th total of 31,224 shares. Based on an average daily trading volume, of 179,206 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 179,206 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Betterware de Mexico SAPI de C

Several institutional investors have recently made changes to their positions in the company. Quattro Financial Advisors LLC increased its stake in shares of Betterware de Mexico SAPI de C by 42.9% in the 4th quarter. Quattro Financial Advisors LLC now owns 50,000 shares of the company’s stock valued at $710,000 after purchasing an additional 15,000 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in 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 purchasing an additional 6,274 shares during the period. Finally, State Street Corp grew its holdings in 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 purchasing an additional 5,881 shares during the period. 12.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Betterware de Mexico SAPI de C Price Performance

Shares of Betterware de Mexico SAPI de C stock remained flat at $18.20 during midday trading on Monday. 103,947 shares of the company traded hands, compared to its average volume of 141,280. Betterware de Mexico SAPI de C has a 52-week low of $7.00 and a 52-week high of $19.79. The stock has a market capitalization of $679.22 million, a PE ratio of 10.83 and a beta of 1.24. The company has a current ratio of 0.93, a quick ratio of 0.44 and a debt-to-equity ratio of 2.66. The business has a 50-day moving average price of $16.31 and a two-hundred day moving average price of $14.52.

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.