Short Interest in Seven and I Holdings Co. (OTCMKTS:SVNDY) Rises By 873.5%

Seven and I Holdings Co. (OTCMKTS:SVNDY) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 11,964 shares, an increase of 873.5% from the April 30th total of 1,229 shares. Based on an average daily trading volume, of 622,683 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Seven and I Trading Up 1.0%

OTCMKTS SVNDY traded up $0.11 during trading on Friday, hitting $11.61. 491,823 shares of the company’s stock traded hands, compared to its average volume of 222,327. The stock has a fifty day moving average of $12.52 and a two-hundred day moving average of $13.46. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.79 and a quick ratio of 0.67. Seven and I has a 12-month low of $11.40 and a 12-month high of $16.74. The firm has a market cap of $27.64 billion, a P/E ratio of 14.70 and a beta of 0.33.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein upgraded shares of Seven and I to a “hold” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus 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.