Seven and I Holdings Co. (OTCMKTS:SVNDY) Short Interest Down 69.0% in July

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

Seven and I Price Performance

SVNDY opened at $13.12 on Monday. The company has a fifty day moving average of $12.12 and a two-hundred day moving average of $13.00. The stock has a market capitalization of $31.24 billion, a price-to-earnings ratio of 15.81 and a beta of 0.30. Seven and I has a fifty-two week low of $11.21 and a fifty-two week high of $15.65. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.81 and a current ratio of 0.94.

Seven and I (OTCMKTS:SVNDY) last posted its earnings results on Thursday, July 9th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $14.65 billion for the quarter, compared to analyst estimates of $14.97 billion. On average, research analysts expect that Seven and I will post 0.77 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on SVNDY. Sanford C. Bernstein raised Seven and I to a “hold” rating in a research report on Tuesday, May 26th. Zacks Research raised Seven and I to a “hold” rating in a research report on Tuesday, June 16th. Three equities research analysts have rated the stock with a Hold rating, Based on 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.