Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Short Interest Update

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) saw a significant 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 shares of the company are sold short. Based on an average trading volume of 47,700 shares, the days-to-cover ratio is presently 2.1 days.

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

Betterware de México, S.A.P.I. de C.V. stock traded down $0.03 during mid-day trading on Tuesday, reaching $18.65. 19,816 shares of the stock traded hands, compared to its average volume of 45,737. The stock has a market capitalization of $713.12 million, a PE ratio of 11.66 and a beta of 1.38. The company has a debt-to-equity ratio of 3.31, a current ratio of 1.04 and a quick ratio of 0.51. Betterware de México, S.A.P.I. de C.V. has a 12-month low of $9.77 and a 12-month high of $21.28. The business’s 50-day moving average is $17.50 and its 200-day moving average is $15.33.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last posted its quarterly earnings data on Thursday, February 22nd. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.34. The company had revenue of $194.06 million during the quarter, compared to analysts’ expectations of $174.51 million. 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%. As a group, sell-side analysts predict that Betterware de México, S.A.P.I. de C.V. will post 2.02 EPS for the current fiscal year.

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

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Friday, March 8th were given a dividend of $0.3521 per share. This represents a $1.41 dividend on an annualized basis and a yield of 7.55%. The ex-dividend date was Thursday, March 7th. This is a boost 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 88.13%.

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

Hedge funds have recently bought and sold shares of the company. Lazard Asset Management LLC purchased a new stake in Betterware de México, S.A.P.I. de C.V. in the second quarter worth about $38,000. Confluence Investment Management LLC purchased a new stake in Betterware de México, S.A.P.I. de C.V. in the first quarter worth about $223,000. Marshall Wace LLP purchased a new stake in Betterware de México, S.A.P.I. de C.V. in the second quarter worth about $161,000. Verition Fund Management LLC purchased a new stake in Betterware de México, S.A.P.I. de C.V. in the second quarter worth about $113,000. Finally, Royal Bank of Canada increased its position in Betterware de México, S.A.P.I. de C.V. by 19.9% in the first quarter. Royal Bank of Canada now owns 15,460 shares of the company’s stock worth $263,000 after buying an additional 2,566 shares in the last quarter. Hedge funds and other institutional investors 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.