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 recipient of a large increase in short interest during the month of 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. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 47,700 shares, the days-to-cover ratio is currently 2.1 days.

Betterware de México, S.A.P.I. de C.V. Stock Down 0.2 %

NASDAQ:BWMX traded down $0.03 during trading hours on Tuesday, reaching $18.65. 19,816 shares of the stock were exchanged, compared to its average volume of 45,737. 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 company has a debt-to-equity ratio of 3.31, a current ratio of 1.04 and a quick ratio of 0.51. The firm has a 50 day moving average of $17.50 and a 200 day moving average of $15.33. The stock has a market cap of $713.12 million, a PE ratio of 11.66 and a beta of 1.38.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last released its quarterly earnings results on Thursday, February 22nd. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.34. Betterware de México, S.A.P.I. de C.V. had a return on equity of 82.34% and a net margin of 8.11%. The firm had revenue of $194.06 million during the quarter, compared to the consensus estimate of $174.51 million. On average, equities analysts expect 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. Stockholders of record on Friday, March 8th were issued a $0.3521 dividend. This represents a $1.41 annualized dividend and a dividend yield of 7.55%. The ex-dividend date of this dividend was Thursday, March 7th. This is an increase from Betterware de México, S.A.P.I. de C.V.’s previous quarterly dividend of $0.27. Betterware de México, S.A.P.I. de C.V.’s dividend payout ratio is presently 88.13%.

Institutional Investors Weigh In On Betterware de México, S.A.P.I. de C.V.

Several large investors have recently made changes to their positions in the stock. Acadian Asset Management LLC bought a new stake in Betterware de México, S.A.P.I. de C.V. in the 3rd quarter valued at $548,000. Sagil Capital LLP raised its stake in Betterware de México, S.A.P.I. de C.V. by 39.1% in the 3rd quarter. Sagil Capital LLP now owns 53,534 shares of the company’s stock valued at $872,000 after acquiring an additional 15,048 shares during the period. O Shaughnessy Asset Management LLC bought a new stake in Betterware de México, S.A.P.I. de C.V. in the 3rd quarter valued at $808,000. Royal Bank of Canada raised its stake in Betterware de México, S.A.P.I. de C.V. by 19.9% in the 1st quarter. Royal Bank of Canada now owns 15,460 shares of the company’s stock valued at $263,000 after acquiring an additional 2,566 shares during the period. Finally, Jane Street Group LLC bought a new position in Betterware de México, S.A.P.I. de C.V. during the 2nd quarter worth $184,000. 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.