Betterware de Mexico SAPI de C (NYSE:BWMX) Short Interest Update

Betterware de Mexico SAPI de C (NYSE:BWMX) was the target of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 61,900 shares, an increase of 113.7% from the February 26th total of 28,972 shares. Based on an average daily volume of 122,258 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Betterware de Mexico SAPI de C

Large investors have recently bought and sold shares of the stock. State Street Corp increased its position in Betterware de Mexico SAPI de C by 7.0% during the fourth quarter. State Street Corp now owns 90,082 shares of the company’s stock worth $1,280,000 after buying an additional 5,881 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Betterware de Mexico SAPI de C by 11.5% during 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, Quattro Financial Advisors LLC boosted its stake in shares of Betterware de Mexico SAPI de C by 42.9% during the fourth quarter. Quattro Financial Advisors LLC now owns 50,000 shares of the company’s stock valued at $710,000 after acquiring an additional 15,000 shares during the last quarter. Institutional investors and hedge funds own 12.72% of the company’s stock.

Analyst Upgrades and Downgrades

BWMX has been the topic of a number of research analyst reports. Weiss Ratings raised shares of Betterware de Mexico SAPI de C from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 2nd. Freedom Capital upgraded shares of Betterware de Mexico SAPI de C to a “strong-buy” rating in a research report on Friday, January 2nd. Finally, Zacks Research lowered Betterware de Mexico SAPI de C from a “strong-buy” rating to a “hold” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, one has given a 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 NYSE:BWMX traded down $0.16 during midday trading on Friday, hitting $16.89. 81,450 shares of the stock were exchanged, compared to its average volume of 114,221. Betterware de Mexico SAPI de C has a twelve month low of $7.00 and a twelve month high of $19.79. The company has a current ratio of 0.92, a quick ratio of 0.44 and a debt-to-equity ratio of 2.46. The company has a 50 day moving average price of $17.88 and a 200-day moving average price of $15.35. The stock has a market cap of $630.45 million, a P/E ratio of 11.49 and a beta of 1.26.

Betterware de Mexico SAPI de C (NYSE:BWMX) last posted its earnings results on Saturday, February 14th. The company reported $0.37 earnings per share for the quarter. The firm had revenue of $212.26 million during the quarter. Betterware de Mexico SAPI de C had a net margin of 7.35% and a return on equity of 87.14%.

Betterware de Mexico SAPI de C Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Monday, March 9th were paid a dividend of $0.3103 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend was Monday, March 9th. Betterware de Mexico SAPI de C’s dividend payout ratio (DPR) is 76.19%.

About Betterware de Mexico SAPI de C

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.