J Sainsbury plc (OTCMKTS:JSAIY) Short Interest Down 66.7% in March

J Sainsbury plc (OTCMKTS:JSAIY - Get Free Report) saw a large decline in short interest in March. As of March 31st, there was short interest totalling 2,700 shares, a decline of 66.7% from the March 15th total of 8,100 shares. Based on an average daily volume of 114,500 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company's stock are sold short.

J Sainsbury Stock Up 4.0 %

Shares of JSAIY traded up $0.53 during mid-day trading on Friday, hitting $13.70. 18,854 shares of the company traded hands, compared to its average volume of 48,514. The stock has a 50-day moving average price of $12.78 and a two-hundred day moving average price of $13.37. J Sainsbury has a 1 year low of $11.68 and a 1 year high of $16.43. The company has a quick ratio of 0.57, a current ratio of 0.74 and a debt-to-equity ratio of 0.17.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on JSAIY. BNP Paribas cut shares of J Sainsbury from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 1st. Hsbc Global Res upgraded shares of J Sainsbury from a "hold" rating to a "strong-buy" rating in a report on Friday, March 21st. One equities research analyst has rated the stock with a hold rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Strong Buy".

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.