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 large 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 daily trading volume, of 47,700 shares, the short-interest ratio is currently 2.1 days. Currently, 0.6% of the shares of the stock are sold short.

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

NASDAQ:BWMX traded down $0.03 during trading hours on Tuesday, hitting $18.65. 19,816 shares of the stock were exchanged, compared to its average volume of 45,737. The company has a current ratio of 1.04, a quick ratio of 0.51 and a debt-to-equity ratio of 3.31. The firm’s fifty day moving average price is $17.50 and its 200 day moving average price is $15.33. The company has a market cap of $713.12 million, a P/E ratio of 11.66 and a beta of 1.38. Betterware de México, S.A.P.I. de C.V. has a 52-week low of $9.77 and a 52-week high of $21.28.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last posted its quarterly earnings results on Thursday, February 22nd. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.34. The business had revenue of $194.06 million during the quarter, compared to analyst estimates 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, equities research analysts anticipate 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 firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Friday, March 8th were issued a $0.3521 dividend. 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. This represents a $1.41 dividend on an annualized basis and a yield of 7.55%. Betterware de México, S.A.P.I. de C.V.’s dividend payout ratio is currently 88.13%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its stake 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 purchasing an additional 2,566 shares in 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 $38,000. State Street Corp lifted its stake 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 purchasing an additional 3,533 shares in 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 $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 $161,000. 12.72% of the stock is currently owned by institutional investors and hedge funds.

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.