Short Interest in Seven and I Holdings Co. (OTCMKTS:SVNDY) Declines By 33.2%

Key Points

• Short interest in Seven and I Holdings Co. dropped by 33.2% in July, from 44,300 shares to 29,600 shares, reflecting a tightening of bearish sentiment.
• The company's quarterly earnings topped expectations, reporting $0.13 EPS compared to the estimated $0.11, with revenues of $18.96 billion exceeding analyst forecasts.
• Seven and I's stock is currently trading at $13.50, with a market cap of $35.16 billion and a P/E ratio of 26.47.

Seven and I Holdings Co. (OTCMKTS:SVNDY - Get Free Report) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 29,600 shares, adropof33.2% from the July 15th total of 44,300 shares. Based on an average daily trading volume, of 837,400 shares, the short-interest ratio is currently 0.0 days. Currently,0.0% of the company's shares are short sold. Currently,0.0% of the company's shares are short sold. Based on an average daily trading volume, of 837,400 shares, the short-interest ratio is currently 0.0 days.

Seven and I Trading Down 0.7%

SVNDY opened at $13.50 on Tuesday. Seven and I has a 52 week low of $12.50 and a 52 week high of $19.88. The business has a fifty day simple moving average of $14.50 and a 200-day simple moving average of $14.73. The firm has a market cap of $35.16 billion, a P/E ratio of 26.47 and a beta of 0.49. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.73.

Seven and I (OTCMKTS:SVNDY - Get Free Report) last released its quarterly earnings results on Thursday, July 10th. The company reported $0.13 EPS for the quarter, topping the consensus estimate 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 $18,962,688 billion during the quarter, compared to analyst estimates of $18.81 billion. On average, equities analysts expect that Seven and I will post 0.77 earnings per share for the current 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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