Seven and I Holdings Co. (OTCMKTS:SVNDY) Sees Large Growth in Short Interest

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 large increase in short interest in August. As of August 31st, there was short interest totaling 89,400 shares, an increase of 194.1% from the August 15th total of 30,400 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 281,000 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 281,000 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company's stock are short sold.

Seven and I Stock Performance

Seven and I stock traded up $0.10 during trading hours on Thursday, hitting $13.53. 121,915 shares of the stock traded hands, compared to its average volume of 180,373. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.81 and a quick ratio of 0.73. The firm's 50 day moving average price is $13.53 and its 200-day moving average price is $14.38. The stock has a market capitalization of $35.24 billion, a price-to-earnings ratio of 26.53 and a beta of 0.47. Seven and I has a 1 year low of $12.50 and a 1 year high of $19.88.

Seven and I (OTCMKTS:SVNDY - Get Free Report) last posted its quarterly earnings results on Thursday, July 10th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02. The business had revenue of $18.96 billion for the quarter, compared to the consensus estimate of $18.81 billion. Seven and I had a return on equity of 6.49% and a net margin of 1.65%. As a group, equities analysts expect that Seven and I will post 0.77 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.