Short Interest in Methanex Corporation (NASDAQ:MEOH) Declines By 35.5%

Posted by Geri Gentry on May 19th, 2026

Methanex Corporation (NASDAQ:MEOH – Get Free Report) (TSE:MX) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 817,223 shares, a decrease of 35.5% from the April 15th total of 1,266,810 shares. Currently, 1.1% of the shares of the stock are short sold. Based on an average daily volume of 1,357,601 shares, the days-to-cover ratio is currently 0.6 days.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on MEOH. Wall Street Zen raised shares of Methanex from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Zacks Research raised shares of Methanex from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. JPMorgan Chase & Co. downgraded shares of Methanex from an “overweight” rating to a “neutral” rating and upped their price objective for the company from $56.00 to $65.00 in a research note on Friday, May 1st. Weiss Ratings downgraded shares of Methanex from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating and set a $69.00 price objective on shares of Methanex in a research note on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Methanex presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.78.

Get Our Latest Stock Analysis on Methanex

Institutional Trading of Methanex

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE increased its position in shares of Methanex by 202.3% in the first quarter. Bank of America Corp DE now owns 681,407 shares of the specialty chemicals company’s stock worth $40,571,000 after acquiring an additional 455,975 shares in the last quarter. Amundi increased its position in shares of Methanex by 14.3% in the first quarter. Amundi now owns 76,469 shares of the specialty chemicals company’s stock worth $4,553,000 after acquiring an additional 9,550 shares in the last quarter. Quantinno Capital Management LP purchased a new position in shares of Methanex in the first quarter worth approximately $252,000. Clough Capital Partners L P purchased a new position in shares of Methanex in the first quarter worth approximately $1,786,000. Finally, Lazard Asset Management LLC increased its position in shares of Methanex by 23.3% in the first quarter. Lazard Asset Management LLC now owns 80,562 shares of the specialty chemicals company’s stock worth $4,797,000 after acquiring an additional 15,224 shares in the last quarter. 73.49% of the stock is currently owned by institutional investors.

Methanex Stock Down 0.1%

MEOH stock traded down $0.06 during mid-day trading on Tuesday, hitting $62.03. 175,369 shares of the company were exchanged, compared to its average volume of 1,206,293. The company has a market capitalization of $4.80 billion, a PE ratio of -126.64 and a beta of 0.60. The company has a current ratio of 1.96, a quick ratio of 1.26 and a debt-to-equity ratio of 0.98. Methanex has a twelve month low of $31.57 and a twelve month high of $66.75. The firm has a fifty day simple moving average of $58.88 and a 200 day simple moving average of $48.40.

Methanex (NASDAQ:MEOH – Get Free Report) (TSE:MX) last posted its quarterly earnings results on Wednesday, April 29th. The specialty chemicals company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.08). Methanex had a negative net margin of 1.25% and a positive return on equity of 2.96%. The business had revenue of $957.42 million during the quarter, compared to analyst estimates of $964.76 million. During the same period last year, the firm posted $1.30 earnings per share. The company’s quarterly revenue was up 8.7% on a year-over-year basis. On average, research analysts forecast that Methanex will post 5.42 earnings per share for the current fiscal year.

Methanex Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be given a dividend of $0.185 per share. This represents a $0.74 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, June 16th. Methanex’s payout ratio is -151.02%.

Methanex Company Profile

(Get Free Report)

Methanex Corporation is a Vancouver, Canada–based company and one of the world’s largest producers and suppliers of methanol. The company manufactures methanol, a key feedstock for a wide range of chemical products and industrial applications. Methanex markets its product to customers in energy, plastics, paints and coatings, and various chemical sectors, positioning the company as a critical link in the global supply chain for basic chemicals.

The company’s core product, methanol, serves as a building block for downstream chemicals such as formaldehyde, acetic acid and methyl tertiary butyl ether (MTBE).

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