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

Seven and I Holdings Co. (OTCMKTS:SVNDY) was the target of a significant increase in short interest in 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 trading volume of 622,683 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

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

Seven and I Stock Up 0.6%

OTCMKTS:SVNDY opened at $11.57 on Friday. The firm has a market capitalization of $27.55 billion, a PE ratio of 14.65 and a beta of 0.33. The stock has a 50 day moving average of $12.49 and a 200-day moving average of $13.45. Seven and I has a 52 week low of $11.40 and a 52 week high of $16.74. The company has a current ratio of 0.79, a quick ratio of 0.67 and a debt-to-equity ratio of 0.84.

Seven and I Company Profile

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.