Almacenes Éxito S.A. (NYSE:EXTO) Sees Significant Increase in Short Interest

Almacenes Éxito S.A. (NYSE:EXTO) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 70,300 shares, a growth of 233.2% from the November 30th total of 21,100 shares. Based on an average trading volume of 34,200 shares, the short-interest ratio is currently 2.1 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Kathmere Capital Management LLC acquired a new position in shares of Almacenes Éxito in the second quarter valued at approximately $71,000. HBK Sorce Advisory LLC purchased a new stake in shares of Almacenes Éxito during the second quarter worth $77,000. Finally, Caprock Group LLC acquired a new stake in shares of Almacenes Éxito in the second quarter valued at $259,000.

Almacenes Éxito Price Performance

EXTO traded down $0.12 during trading on Friday, reaching $3.57. The company’s stock had a trading volume of 70,287 shares, compared to its average volume of 106,725. Almacenes Éxito has a 1 year low of $3.56 and a 1 year high of $7.30. The company has a market cap of $579.17 million, a price-to-earnings ratio of 10.20 and a beta of -0.51. The company has a quick ratio of 0.32, a current ratio of 0.73 and a debt-to-equity ratio of 0.25. The firm has a fifty day simple moving average of $3.95 and a two-hundred day simple moving average of $4.16.

Almacenes Éxito Increases Dividend

The firm also recently declared a — dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 9th were paid a $0.0248 dividend. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend was Monday, December 9th. This is a positive change from Almacenes Éxito’s previous — dividend of $0.01. Almacenes Éxito’s dividend payout ratio is 31.43%.

Almacenes Éxito Company Profile

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.