Short Interest in Betterware de Mexico SAPI de C (NYSE:BWMX) Increases By 16.6%

Betterware de Mexico SAPI de C (NYSE:BWMX) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 75,562 shares, an increase of 16.6% from the March 31st total of 64,800 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 80,977 shares, the short-interest ratio is currently 0.9 days.

Betterware de Mexico SAPI de C Stock Performance

BWMX traded down $0.15 during trading on Friday, reaching $16.86. 110,580 shares of the company’s stock were exchanged, compared to its average volume of 94,501. Betterware de Mexico SAPI de C has a fifty-two week low of $7.00 and a fifty-two week high of $19.79. The company has a quick ratio of 0.47, a current ratio of 0.93 and a debt-to-equity ratio of 2.10. The business has a 50 day moving average price of $17.53 and a 200 day moving average price of $16.10. The company has a market capitalization of $629.33 million, a P/E ratio of 9.92 and a beta of 1.06.

Betterware de Mexico SAPI de C (NYSE:BWMX) last issued its earnings results on Wednesday, April 1st. The company reported $0.42 EPS for the quarter. Betterware de Mexico SAPI de C had a net margin of 8.19% and a return on equity of 89.15%. The company had revenue of $196.19 million for the quarter. As a group, analysts predict that Betterware de Mexico SAPI de C will post 2.37 earnings per share for the current fiscal year.

Betterware de Mexico SAPI de C Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Tuesday, May 12th will be paid a $0.3063 dividend. This represents a $1.23 annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Tuesday, May 12th. Betterware de Mexico SAPI de C’s payout ratio is currently 65.88%.

Analyst Ratings Changes

A number of research firms have weighed in on BWMX. Freedom Capital upgraded shares of Betterware de Mexico SAPI de C to a “strong-buy” rating in a research note on Friday, January 2nd. Weiss Ratings upgraded shares of Betterware de Mexico SAPI de C from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 2nd. Finally, Zacks Research downgraded shares of Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Betterware de Mexico SAPI de C presently has a consensus rating of “Moderate Buy”.

Insider Activity

In related news, CEO Andres Campos Chevallier acquired 10,000 shares of the stock in a transaction dated Tuesday, April 28th. The shares were acquired at an average price of $16.81 per share, for a total transaction of $168,100.00. Following the completion of the purchase, the chief executive officer owned 50,000 shares in the company, valued at approximately $840,500. The trade was a 25.00% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Institutional Investors Weigh In On Betterware de Mexico SAPI de C

Institutional investors and hedge funds have recently made changes to their positions in the company. Quattro Financial Advisors LLC boosted 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. raised its holdings in shares of 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 buying an additional 6,274 shares during the last quarter. Finally, State Street Corp raised its holdings in shares of 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 buying an additional 5,881 shares during the last quarter. Institutional investors and hedge funds own 12.72% of the company’s stock.

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.