Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Sees Large Increase in Short Interest

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 101,600 shares, an increase of 12.1% from the March 15th total of 90,600 shares. Based on an average trading volume of 47,700 shares, the short-interest ratio is presently 2.1 days. Currently, 0.6% of the shares of the company are sold short.

Betterware de México, S.A.P.I. de C.V. Price Performance

Shares of NASDAQ BWMX traded down $0.03 during midday trading on Tuesday, hitting $18.65. The company had a trading volume of 19,816 shares, compared to its average volume of 45,737. The company has a quick ratio of 0.51, a current ratio of 1.04 and a debt-to-equity ratio of 3.31. Betterware de México, S.A.P.I. de C.V. has a twelve month low of $9.77 and a twelve month high of $21.28. The business has a 50-day simple moving average of $17.50 and a two-hundred day simple moving average of $15.33. The firm has a market capitalization of $713.12 million, a price-to-earnings ratio of 11.66 and a beta of 1.38.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last announced its quarterly earnings data on Thursday, February 22nd. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.28 by $0.34. Betterware de México, S.A.P.I. de C.V. had a net margin of 8.11% and a return on equity of 82.34%. The firm had revenue of $194.06 million during the quarter, compared to analysts’ expectations of $174.51 million. Equities research analysts anticipate that Betterware de México, S.A.P.I. de C.V. will post 2.02 earnings per share for the current year.

Betterware de México, S.A.P.I. de C.V. Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Friday, March 8th were paid a $0.3521 dividend. This is a boost from Betterware de México, S.A.P.I. de C.V.’s previous quarterly dividend of $0.27. The ex-dividend date was Thursday, March 7th. This represents a $1.41 annualized dividend and a dividend yield of 7.55%. Betterware de México, S.A.P.I. de C.V.’s dividend payout ratio (DPR) is 88.13%.

Institutional Trading of Betterware de México, S.A.P.I. de C.V.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada raised its position in Betterware de México, S.A.P.I. de C.V. by 19.9% during the first quarter. Royal Bank of Canada now owns 15,460 shares of the company’s stock worth $263,000 after acquiring an additional 2,566 shares during the last quarter. Lazard Asset Management LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. during the second quarter worth about $38,000. State Street Corp raised its position in Betterware de México, S.A.P.I. de C.V. by 5.4% during the second quarter. State Street Corp now owns 69,273 shares of the company’s stock worth $896,000 after acquiring an additional 3,533 shares during the last quarter. Confluence Investment Management LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. during the first quarter worth about $223,000. Finally, Marshall Wace LLP acquired a new position in Betterware de México, S.A.P.I. de C.V. during the second quarter worth about $161,000. Institutional investors and hedge funds own 12.72% of the company’s stock.

Betterware de México, S.A.P.I. de C.V. Company Profile

Betterware de México, SAP.I. de C.V. operates as a direct-to-consumer company. It operates through two segments, The Home Organization Products (Betterware or BWM); and The Beauty and Personal Care Products (JAFRA). The Betterware or BWM segment provides a portfolio of products comprising kitchen and food preservation; home solutions; bedroom; bathroom; laundry and cleaning; and technology and mobility.