Seven Bank, Ltd. (OTCMKTS:SVNBY – Get Free Report) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 426 shares, an increase of 113.0% from the July 30th total of 200 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 46 shares, the days-to-cover ratio is presently 9.3 days.
Seven Bank Stock Performance
Shares of SVNBY opened at $21.09 on Monday. The company’s fifty day moving average is $16.99 and its 200-day moving average is $18.54. Seven Bank has a 12 month low of $14.95 and a 12 month high of $21.09.
About Seven Bank
Seven Bank, Inc, headquartered in Tokyo, is a Japanese banking institution established in 2001 as a subsidiary of Seven & i Holdings Co, Ltd. The company was created to leverage the extensive convenience‐store network of its parent group, providing accessible financial services to both retail customers and corporate clients. Since its inception, Seven Bank has positioned itself as a pioneer of convenient, round‐the‐clock banking in Japan.
The core of Seven Bank’s business is its ubiquitous ATM network, which is located primarily in 7-Eleven stores nationwide.
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