Seven and I Holdings Co. (OTCMKTS:SVNDY) Sees Significant Decrease in Short Interest

Seven and I Holdings Co. (OTCMKTS:SVNDY) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 98,563 shares, a decrease of 69.0% from the June 30th total of 318,144 shares. Based on an average trading volume of 650,595 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Seven and I Price Performance

Shares of OTCMKTS SVNDY opened at $13.07 on Tuesday. The firm has a market cap of $30.33 billion, a P/E ratio of 15.75 and a beta of 0.30. The company has a quick ratio of 0.81, a current ratio of 0.94 and a debt-to-equity ratio of 0.90. Seven and I has a twelve month low of $11.21 and a twelve month high of $15.65. The company has a 50 day moving average of $12.15 and a 200 day moving average of $12.99.

Seven and I (OTCMKTS:SVNDY) last released its quarterly earnings data on Thursday, July 9th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.10 by $0.11. Seven and I had a return on equity of 7.87% and a net margin of 3.03%.The company had revenue of $14.65 billion for the quarter, compared to analysts’ expectations of $14.97 billion. As a group, research analysts expect that Seven and I will post 0.77 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on SVNDY. Zacks Research raised Seven and I to a “hold” rating in a research report on Tuesday, June 16th. Sanford C. Bernstein raised shares of Seven and I to a “hold” rating in a research report on Tuesday, May 26th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Seven and I has an average rating of “Hold”.

Seven and I Company Profile

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.