J Sainsbury plc (OTCMKTS:JSAIY - Get Free Report) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 48,300 shares, a growth of 29.8% from the December 15th total of 37,200 shares. Based on an average daily volume of 77,900 shares, the short-interest ratio is currently 0.6 days.
J Sainsbury Trading Up 1.0 %
Shares of JSAIY stock traded up $0.13 on Friday, reaching $12.99. The company's stock had a trading volume of 26,355 shares, compared to its average volume of 29,948. J Sainsbury has a 12-month low of $12.09 and a 12-month high of $16.43. The stock's 50 day simple moving average is $13.45 and its 200-day simple moving average is $14.32.
J Sainsbury Cuts Dividend
The business also recently disclosed a dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, November 18th were given a dividend of $0.2025 per share. The ex-dividend date of this dividend was Monday, November 18th.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on JSAIY. BNP Paribas upgraded J Sainsbury to a "strong-buy" rating in a report on Friday, October 18th. Royal Bank of Canada upgraded J Sainsbury to a "moderate buy" rating in a research note on Tuesday, November 19th.
View Our Latest Report on JSAIY
About J Sainsbury
(
Get Free Report)
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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