J Sainsbury plc (OTCMKTS:JSAIY) Short Interest Up 238.2% in December

J Sainsbury plc (OTCMKTS:JSAIY) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 37,200 shares, an increase of 238.2% from the November 30th total of 11,000 shares. Based on an average trading volume of 87,900 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Ratings Changes

JSAIY has been the topic of several recent research reports. Barclays upgraded shares of J Sainsbury to a “strong-buy” rating in a research report on Monday, September 16th. UBS Group raised J Sainsbury to a “strong-buy” rating in a research note on Monday, September 16th. Royal Bank of Canada upgraded J Sainsbury to a “moderate buy” rating in a report on Tuesday, November 19th. Finally, BNP Paribas upgraded J Sainsbury to a “strong-buy” rating in a report on Friday, October 18th.

J Sainsbury Trading Down 0.1 %

Shares of OTCMKTS JSAIY traded down $0.01 during midday trading on Thursday, hitting $14.04. The company’s stock had a trading volume of 24,491 shares, compared to its average volume of 32,140. J Sainsbury has a one year low of $12.09 and a one year high of $16.43. The stock has a fifty day moving average price of $13.69 and a 200 day moving average price of $14.29. 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 Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, November 18th will be paid a $0.2025 dividend. The ex-dividend date of this dividend is Monday, November 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.