Seven and I Holdings Co. (OTCMKTS:SVNDY) Short Interest Up 194.1% in August

Key Points

• Short interest in Seven and I Holdings Co. increased by 194.1% in August, reaching a total of 89,400 shares.
• The company received an upgrade to a "hold" rating from The Goldman Sachs Group, contributing to an average stock rating of "Hold."
• In its last quarterly earnings report, Seven and I reported an earnings per share of $0.13, surpassing estimates, with revenue of $18.96 billion.

Seven and I Holdings Co. (OTCMKTS:SVNDY - Get Free Report) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 89,400 shares, a growth of 194.1% from the August 15th total of 30,400 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 281,000 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 281,000 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company's stock are short sold.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of Seven and I to a "hold" rating in a report on Tuesday. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of "Hold".

Seven and I Price Performance

Shares of SVNDY stock opened at $13.38 on Friday. Seven and I has a fifty-two week low of $12.50 and a fifty-two week high of $19.88. The firm has a market capitalization of $34.85 billion, a price-to-earnings ratio of 26.24 and a beta of 0.47. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.73 and a current ratio of 0.81. The stock's 50-day simple moving average is $13.63 and its 200-day simple moving average is $14.40.

Seven and I (OTCMKTS:SVNDY - Get Free Report) last issued its quarterly earnings results on Thursday, July 10th. The company reported $0.13 earnings per share for the quarter, topping 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 analyst estimates of $18.81 billion. As a group, equities analysts forecast that Seven and I will post 0.77 earnings per share for the current fiscal year.

About Seven and I

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.

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