Seven and I Holdings Co. (OTCMKTS:SVNDY) Stock Short Interest Drops 86.2%

Seven and I Holdings Co. (OTCMKTS:SVNDY) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totaling 5,471 shares, a drop of 86.2% from the September 15th total of 39,661 shares. Based on an average trading volume of 498,278 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Seven and I to a “hold” rating in a research report on Tuesday, June 16th. Two research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, Seven and I presently has a consensus rating of “Hold”.

Seven and I Stock Down 0.2%

Shares of OTCMKTS:SVNDY opened at $12.40 on Friday. The stock’s 50-day moving average price is $12.80 and its two-hundred day moving average price is $12.55. The company has a current ratio of 0.94, a quick ratio of 0.81 and a debt-to-equity ratio of 0.90. Seven and I has a 12-month low of $11.21 and a 12-month high of $15.65. The firm has a market cap of $28.77 billion, a price-to-earnings ratio of 15.50 and a beta of 0.32.

Seven and I (OTCMKTS:SVNDY) last released its earnings results on Thursday, July 9th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.11. Seven and I had a net margin of 2.89% and a return on equity of 8.15%. The firm had revenue of $14.65 billion during the quarter, compared to the consensus estimate of $14.97 billion. On average, research analysts forecast that Seven and I will post 0.76 EPS for the current year.

About Seven and I

Seven & i Holdings Co, Ltd. is a Japanese diversified retail holding company best known for operating the 7-Eleven convenience-store business. Through its subsidiaries and franchise network, the company sells food, beverages, daily necessities, prepared meals and other consumer products, while also offering services such as bill payment, parcel delivery and financial transactions at selected locations.

The company also operates or oversees other retail businesses, including supermarkets and specialty stores in Japan.