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

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) was the target of a significant drop in short interest in 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 daily trading volume, of 319,430 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 319,430 shares, the days-to-cover ratio is currently 0.2 days.

Wal-Mart de Mexico SAB de CV Stock Up 0.3%

WMMVY opened at $33.71 on Friday. The firm has a market cap of $58.32 billion, a P/E ratio of 22.93, a PEG ratio of 5.48 and a beta of 0.80. The business’s fifty day simple moving average is $32.45 and its 200 day simple moving average is $31.85. Wal-Mart de Mexico SAB de CV has a 52 week low of $25.41 and a 52 week high of $35.78. The company has a quick ratio of 0.34, a current ratio of 0.95 and a debt-to-equity ratio of 0.37.

Analysts Set New Price Targets

Several research firms recently commented on WMMVY. Morgan Stanley lowered shares of Wal-Mart de Mexico SAB de CV to an “underweight” rating in a research report on Wednesday, January 28th. Barclays cut 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. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce”.

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.