Short Interest in Seven and I Holdings Co. (OTCMKTS:SVNDY) Declines By 31.4%

Seven and I Holdings Co. (OTCMKTS:SVNDY) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 61,300 shares, a drop of 31.4% from the August 31st total of 89,400 shares. Based on an average daily volume of 340,900 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 340,900 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded Seven and I to a “hold” rating in a research report on Tuesday, September 9th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Seven and I Stock Performance

Shares of SVNDY stock opened at $13.06 on Wednesday. Seven and I has a 1-year low of $12.50 and a 1-year high of $19.88. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $34.02 billion, a price-to-earnings ratio of 25.61 and a beta of 0.47. The stock’s fifty day simple moving average is $13.39 and its 200-day simple moving average is $14.28.

Seven and I (OTCMKTS:SVNDY) last issued its quarterly earnings results on Thursday, July 10th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. Seven and I had a return on equity of 6.49% and a net margin of 1.65%.The business had revenue of $18.96 billion for the quarter, compared to the consensus estimate of $18.81 billion. On average, sell-side analysts predict that Seven and I will post 0.77 earnings per share for the current fiscal year.

Seven and I Company Profile

Seven & i Holdings Co, Ltd. operates convenience stores, superstores, department stores, supermarkets, and specialty stores. It operates through six segments: Domestic Convenience Store operations, Overseas Convenience Store Operations, Superstore Operations, Department and Specialty Store Operations, Financial Services, and Others.