J Sainsbury plc (OTCMKTS:JSAIY) Short Interest Update

J Sainsbury plc (OTCMKTS:JSAIY - Get Free Report) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 48,300 shares, a growth of 1,688.9% from the March 31st total of 2,700 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 144,900 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Several research firms have issued reports on JSAIY. BNP Paribas downgraded J Sainsbury from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 1st. Hsbc Global Res raised shares of J Sainsbury from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 21st. Finally, Kepler Capital Markets downgraded shares of J Sainsbury from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 23rd. Two analysts have rated the stock with a hold rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy".

J Sainsbury Stock Up 1.6 %

Shares of OTCMKTS JSAIY traded up $0.23 during mid-day trading on Wednesday, reaching $14.33. The company had a trading volume of 37,325 shares, compared to its average volume of 47,247. The stock has a fifty day moving average of $12.92 and a two-hundred day moving average of $13.30. J Sainsbury has a 12-month low of $11.68 and a 12-month high of $16.43. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.74 and a quick ratio of 0.57.

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.