Seven and I Holdings Co. (OTCMKTS:SVNDY) Short Interest Update

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

Seven and I Stock Up 4.5%

SVNDY opened at $13.12 on Friday. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.94 and a quick ratio of 0.67. The business has a 50 day simple moving average of $12.12 and a 200-day simple moving average of $13.01. The stock has a market capitalization of $31.24 billion, a P/E ratio of 15.81 and a beta of 0.30. Seven and I has a 12 month low of $11.21 and a 12 month high of $15.65.

Seven and I (OTCMKTS:SVNDY) last announced its quarterly earnings data on Thursday, July 9th. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $14.65 billion for the quarter, compared to analyst estimates of $14.97 billion. On average, equities analysts anticipate that Seven and I will post 0.77 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on SVNDY. Zacks Research upgraded shares of Seven and I to a “hold” rating in a research report on Tuesday, June 16th. Sanford C. Bernstein upgraded shares of Seven and I to a “hold” rating in a research note on Tuesday, May 26th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

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.