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

Seven and I Holdings Co. (OTCMKTS:SVNDY) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 171,978 shares, an increase of 1,337.5% from the May 14th total of 11,964 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 793,963 shares, the short-interest ratio is currently 0.2 days.

Seven and I Stock Up 3.2%

Shares of OTCMKTS SVNDY traded up $0.38 during trading on Wednesday, reaching $12.23. The company had a trading volume of 68,110 shares, compared to its average volume of 237,640. Seven and I has a 12-month low of $11.21 and a 12-month high of $16.74. The stock has a market cap of $29.12 billion, a PE ratio of 15.48 and a beta of 0.31. The business’s 50-day moving average is $12.31 and its 200 day moving average is $13.38. The company has a quick ratio of 0.67, a current ratio of 0.79 and a debt-to-equity ratio of 0.84.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein raised Seven and I to a “hold” rating in a research note on Tuesday, May 26th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently 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.