J Sainsbury plc (OTCMKTS:JSAIY) Short Interest Update

J Sainsbury plc (OTCMKTS:JSAIY - Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 300 shares, a decline of 98.8% from the September 30th total of 25,100 shares. Based on an average daily volume of 43,200 shares, the short-interest ratio is presently 0.0 days.

J Sainsbury Stock Performance

Shares of JSAIY traded up $0.28 during mid-day trading on Friday, reaching $14.64. 18,107 shares of the company's stock traded hands, compared to its average volume of 29,901. J Sainsbury has a 12 month low of $12.27 and a 12 month high of $16.43. The business's 50-day moving average price is $15.43 and its 200-day moving average price is $14.36. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.49 and a current ratio of 0.66.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on JSAIY shares. Barclays upgraded shares of J Sainsbury to a "strong-buy" rating in a research note on Monday, September 16th. BNP Paribas raised J Sainsbury to a "strong-buy" rating in a report on Friday, October 18th. Finally, UBS Group raised J Sainsbury to a "strong-buy" rating in a report on Monday, September 16th.

About J Sainsbury

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.