Seven and I Holdings Co. (OTCMKTS:SVNDY) Short Interest Up 1,337.5% in May

Seven and I Holdings Co. (OTCMKTS:SVNDY) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 171,978 shares, a growth of 1,337.5% from the May 14th total of 11,964 shares. Based on an average trading volume of 793,963 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Seven and I Stock Down 1.1%

Shares of OTCMKTS:SVNDY traded down $0.13 during mid-day trading on Tuesday, hitting $11.85. 468,085 shares of the company traded hands, compared to its average volume of 392,540. The stock has a market cap of $28.21 billion, a P/E ratio of 15.00 and a beta of 0.31. The company has a current ratio of 0.79, a quick ratio of 0.67 and a debt-to-equity ratio of 0.84. Seven and I has a 12-month low of $11.21 and a 12-month high of $16.74. The stock has a 50-day moving average price of $12.33 and a two-hundred day moving average price of $13.39.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised Seven and I to a “hold” rating in a research note on Tuesday, May 26th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

About Seven and I

Seven & I Holdings Co, Ltd. is a Tokyo-based diversified retail holding company best known for its convenience store operations under the 7-Eleven banner. Established as a holding company in 2005 through the reorganization of legacy retail businesses, Seven & I groups a portfolio of retail and service businesses including convenience stores, supermarkets, department stores, foodservice operations, and financial services.

The company’s core activity is the development and franchising of convenience stores that offer a mix of prepared foods, grocery items, daily necessities and quick-service retail products.