Betterware de Mexico SAPI de C (NYSE:BWMX) Short Interest Update

Betterware de Mexico SAPI de C (NYSE:BWMX) was the recipient of a large drop in short interest in January. As of January 30th, there was short interest totaling 22,777 shares, a drop of 27.1% from the January 15th total of 31,224 shares. Based on an average daily volume of 179,206 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 179,206 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

BWMX has been the subject of a number of research reports. Freedom Capital upgraded Betterware de Mexico SAPI de C to a “strong-buy” rating in a research note on Friday, January 2nd. Weiss Ratings restated a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a research report on Monday, December 29th. Finally, Zacks Research raised shares of Betterware de Mexico SAPI de C from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. State Street Corp grew its holdings in shares of Betterware de Mexico SAPI de C by 7.0% in the 4th quarter. State Street Corp now owns 90,082 shares of the company’s stock valued at $1,280,000 after buying an additional 5,881 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Betterware de Mexico SAPI de C by 11.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 60,663 shares of the company’s stock worth $862,000 after acquiring an additional 6,274 shares in the last quarter. Finally, Quattro Financial Advisors LLC grew its stake in Betterware de Mexico SAPI de C by 42.9% in the fourth quarter. Quattro Financial Advisors LLC now owns 50,000 shares of the company’s stock valued at $710,000 after acquiring an additional 15,000 shares during the period. 12.72% of the stock is currently owned by institutional investors.

Betterware de Mexico SAPI de C Price Performance

BWMX opened at $18.20 on Friday. The business’s 50 day simple moving average is $16.22. Betterware de Mexico SAPI de C has a fifty-two week low of $7.00 and a fifty-two week high of $19.79. The company has a market capitalization of $679.22 million, a P/E ratio of 13.00 and a beta of 1.25. The company has a debt-to-equity ratio of 2.66, a quick ratio of 0.44 and a current ratio of 0.93.

About Betterware de Mexico SAPI de C

Betterware de Mexico SAPI de C.V. is a Mexico City–based home solutions company that designs, sources and distributes a broad portfolio of organizational and household products. Through a direct-to-consumer model, Betterware offers storage and organization items, kitchenware, cleaning tools, personal care accessories and pet care products. The company leverages both digital channels and a catalog-driven distribution network to reach end customers, pairing an e-commerce platform with an independent sales advisor network.

Founded in 1995, Betterware has built a multi-channel sales infrastructure that relies on regional distribution centers and a large community of independent representatives.