J Sainsbury plc (OTCMKTS:JSAIY) Short Interest Update

J Sainsbury plc (OTCMKTS:JSAIY - Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 129,200 shares, a growth of 94.9% from the April 30th total of 66,300 shares. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 63,600 shares, the days-to-cover ratio is presently 2.0 days.

Analysts Set New Price Targets

JSAIY has been the topic of several recent research reports. Hsbc Global Res raised J Sainsbury from a "hold" rating to a "strong-buy" rating in a report on Friday, March 21st. Jefferies Financial Group cut shares of J Sainsbury from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. BNP Paribas lowered J Sainsbury from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 1st. Finally, Kepler Capital Markets lowered J Sainsbury from a "strong-buy" rating to a "hold" rating in a report on Wednesday, April 23rd. Three research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy".

J Sainsbury Stock Up 1.1%

J Sainsbury stock traded up $0.17 during mid-day trading on Monday, hitting $15.85. The stock had a trading volume of 14,251 shares, compared to its average volume of 44,016. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.74 and a quick ratio of 0.57. J Sainsbury has a 12 month low of $11.68 and a 12 month high of $16.43. The stock has a 50-day simple moving average of $13.98 and a two-hundred day simple moving average of $13.50.

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.