J Sainsbury plc (OTCMKTS:JSAIY) Short Interest Update

J Sainsbury plc (OTCMKTS:JSAIY - Get Free Report) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 25,100 shares, an increase of 110.9% from the September 15th total of 11,900 shares. Based on an average trading volume of 23,400 shares, the short-interest ratio is presently 1.1 days.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Barclays raised shares of J Sainsbury to a "strong-buy" rating in a research note on Monday, September 16th. UBS Group upgraded J Sainsbury to a "strong-buy" rating in a research report on Monday, September 16th.

J Sainsbury Trading Down 4.9 %

Shares of JSAIY traded down $0.74 during trading hours on Friday, reaching $14.40. 32,315 shares of the company's stock traded hands, compared to its average volume of 30,593. J Sainsbury has a twelve month low of $12.15 and a twelve month high of $16.43. The business's fifty day simple moving average is $15.35 and its two-hundred day simple moving average is $14.29. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.66 and a quick ratio of 0.49.

J Sainsbury Company Profile

J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom and the Republic of Ireland. It operates through three segments: Retail Food, Retail General Merchandise and Clothing, and Financial Services.

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