Seven & i Holdings Co., Ltd. (OTCMKTS:SVNDY) Sees Significant Drop in Short Interest

Seven & i Holdings Co., Ltd. (OTCMKTS:SVNDY) was the target of a large drop in short interest in October. As of October 31st, there was short interest totalling 28,700 shares, a drop of 61.0% from the October 15th total of 73,500 shares. Based on an average daily volume of 638,900 shares, the short-interest ratio is currently 0.0 days.

Seven & i Stock Down 0.8 %

SVNDY traded down $0.11 during trading hours on Wednesday, reaching $14.26. 160,158 shares of the stock traded hands, compared to its average volume of 272,911. The firm’s fifty day simple moving average is $14.86 and its two-hundred day simple moving average is $13.38. The company has a market cap of $37.14 billion, a price-to-earnings ratio of 12.02 and a beta of 0.35. Seven & i has a fifty-two week low of $10.86 and a fifty-two week high of $16.00. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.86 and a quick ratio of 0.77.

Seven & i (OTCMKTS:SVNDY) last released its quarterly earnings results on Thursday, October 10th. The company reported $0.23 earnings per share for the quarter. The firm had revenue of $21.47 billion for the quarter. As a group, analysts forecast that Seven & i will post 1.1 earnings per share for the current fiscal year.

Seven & 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.