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 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 daily volume of 793,963 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein raised shares of Seven and I to a “hold” rating in a research note on Tuesday, May 26th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Seven and I Stock Performance

Shares of SVNDY opened at $12.19 on Thursday. Seven and I has a 12 month low of $11.21 and a 12 month high of $16.74. The firm has a fifty day simple moving average of $12.29 and a 200 day simple moving average of $13.37. The stock has a market capitalization of $29.02 billion, a price-to-earnings ratio of 15.43 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.

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.