Seven and I Holdings Co. (OTCMKTS:SVNDY) Short Interest Down 52.4% in July

Seven and I Holdings Co. (OTCMKTS:SVNDY) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 46,923 shares, a drop of 52.4% from the July 15th total of 98,563 shares. Based on an average daily trading volume, of 613,647 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Seven and I Trading Up 1.2%

Shares of Seven and I stock opened at $12.97 on Friday. The firm has a market capitalization of $30.09 billion, a PE ratio of 15.63 and a beta of 0.29. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.94 and a quick ratio of 0.81. The company’s fifty day moving average price is $12.54 and its two-hundred day moving average price is $12.90. Seven and I has a 52-week low of $11.21 and a 52-week high of $15.65.

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

Wall Street Analyst Weigh In

Several brokerages recently issued reports on SVNDY. Zacks Research upgraded Seven and I to a “hold” rating in a research note on Tuesday, June 16th. Sanford C. Bernstein upgraded 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 MarketBeat, the stock 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.