J Sainsbury plc (OTCMKTS:JSAIY) Short Interest Update

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

Analyst Ratings Changes

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

J Sainsbury Price Performance

OTCMKTS JSAIY opened at $12.47 on Wednesday. J Sainsbury has a 1-year low of $12.32 and a 1-year high of $16.43. The company has a quick ratio of 0.49, a current ratio of 0.66 and a debt-to-equity ratio of 0.16. The business’s 50-day simple moving average is $15.02 and its 200-day simple moving average is $14.41.

J Sainsbury Cuts Dividend

The company also recently disclosed 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.