Almacenes Éxito S.A. (NYSE:EXTO) Sees Large Growth in Short Interest

Posted by Shane Hupp on Nov 18th, 2024

Almacenes Éxito S.A. (NYSE:EXTO – Get Free Report) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 35,700 shares, an increase of 16.3% from the October 15th total of 30,700 shares. Based on an average trading volume of 22,800 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Kathmere Capital Management LLC bought a new stake in Almacenes Éxito during the 2nd quarter valued at approximately $71,000. HBK Sorce Advisory LLC bought a new stake in shares of Almacenes Éxito in the second quarter valued at approximately $77,000. Caprock Group LLC bought a new stake in shares of Almacenes Éxito in the second quarter valued at approximately $259,000. Sanders Morris Harris LLC acquired a new stake in shares of Almacenes Éxito in the second quarter worth $42,000. Finally, O Shaughnessy Asset Management LLC bought a new position in Almacenes Éxito during the first quarter worth $205,000.

Almacenes Éxito Stock Performance

Shares of Almacenes Éxito stock opened at $3.91 on Monday. Almacenes Éxito has a 12-month low of $3.71 and a 12-month high of $7.30. The company has a quick ratio of 0.35, a current ratio of 0.73 and a debt-to-equity ratio of 0.25. The stock has a 50 day moving average price of $4.22 and a two-hundred day moving average price of $4.33.

Almacenes Éxito Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 16th. Investors of record on Monday, October 7th were issued a dividend of $0.037 per share. This represents a $0.15 annualized dividend and a dividend yield of 3.78%. The ex-dividend date was Monday, October 7th.

About Almacenes Éxito

(Get Free Report)

Almacenes Éxito SA operates as a retail commerce company in South America. The company operates a chain of retail stores primarily under the Éxito, Carulla, Surtimax, Super Inter, Surti Mayorista, Libertad, Mini Libertad, Devoto, Disco, and Géant brands. It is also involved in the online commerce activities.