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

Seven and I Holdings Co. (OTCMKTS:SVNDY) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 9,112 shares, an increase of 66.6% from the September 30th total of 5,471 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 251,508 shares, the days-to-cover ratio is currently 0.0 days.

Seven and I Trading Down 0.9%

Shares of SVNDY opened at $13.47 on Wednesday. The stock’s fifty day simple moving average is $12.88 and its 200-day simple moving average is $12.92. The firm has a market capitalization of $31.25 billion, a PE ratio of 16.57 and a beta of 0.36. Seven and I has a 12-month low of $11.21 and a 12-month high of $15.65. The company has a quick ratio of 0.73, a current ratio of 0.87 and a debt-to-equity ratio of 0.86.

About Seven and I

Seven & i Holdings Co, Ltd. is a Japanese retail group best known for operating the 7-Eleven convenience-store business. Through its subsidiaries, the company sells food, beverages, daily necessities, prepared meals and other consumer products, while many of its stores also provide services such as bill payment, parcel delivery and financial-service access.

The group also has operations in supermarkets and specialty retail. Its businesses have historically included Ito-Yokado and York supermarkets in Japan, as well as retail and food-service activities in other markets.