J Sainsbury plc (OTCMKTS:JSAIY) Short Interest Update

J Sainsbury plc (OTCMKTS:JSAIY) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 4,800 shares, a growth of 1,500.0% from the October 15th total of 300 shares. Based on an average trading volume of 35,600 shares, the short-interest ratio is currently 0.1 days.

J Sainsbury Price Performance

JSAIY stock opened at $12.47 on Wednesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.49 and a current ratio of 0.66. J Sainsbury has a 52-week low of $12.32 and a 52-week high of $16.43. The stock’s 50 day moving average is $15.02 and its two-hundred day moving average is $14.41.

J Sainsbury Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, November 18th will be issued a dividend of $0.2025 per share. The ex-dividend date is Monday, November 18th.

Analyst Ratings Changes

Several research firms recently commented on JSAIY. UBS Group raised J Sainsbury to a “strong-buy” rating in a research report on Monday, September 16th. Barclays raised J Sainsbury to a “strong-buy” rating in a research report on Monday, September 16th. Finally, BNP Paribas raised J Sainsbury to a “strong-buy” rating in a research report on Friday, October 18th.

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.