J Sainsbury plc (OTCMKTS:JSAIY) Short Interest Update

J Sainsbury plc (OTCMKTS:JSAIY) was the target of a significant growth in short interest in the month of 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 daily trading volume, of 35,600 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

JSAIY has been the topic of a number of recent analyst reports. Barclays raised shares of J Sainsbury to a “strong-buy” rating in a research note on Monday, September 16th. BNP Paribas raised shares of J Sainsbury to a “strong-buy” rating in a research note on Friday, October 18th. Finally, UBS Group raised shares of J Sainsbury to a “strong-buy” rating in a research note on Monday, September 16th.

J Sainsbury Stock Performance

Shares of JSAIY stock opened at $12.45 on Thursday. The company’s fifty day simple moving average is $14.95 and its 200-day simple moving average is $14.40. J Sainsbury has a 52 week low of $12.32 and a 52 week high of $16.43. 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 Cuts Dividend

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

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.