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

Seven and I Holdings Co. (OTCMKTS:SVNDY) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 63,830 shares, an increase of 59.8% from the November 30th total of 39,946 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 356,788 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 356,788 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Seven and I Price Performance

Shares of SVNDY stock opened at $14.42 on Friday. The company has a market capitalization of $37.56 billion, a P/E ratio of 22.89 and a beta of 0.48. The company’s 50-day simple moving average is $13.45 and its two-hundred day simple moving average is $13.74. Seven and I has a one year low of $12.26 and a one year high of $17.00. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.70 and a quick ratio of 0.59.

Seven and I (OTCMKTS:SVNDY) last announced its quarterly earnings results on Thursday, October 9th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.07. Seven and I had a return on equity of 6.54% and a net margin of 2.08%.The firm had revenue of $18.62 billion during the quarter, compared to analyst estimates of $20.13 billion. As a group, equities analysts anticipate that Seven and I will post 0.77 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded Seven and I to a “hold” rating in a report on Tuesday, September 9th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus 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.