J Sainsbury plc (OTCMKTS:JSAIY) Short Interest Down 81.3% in November

J Sainsbury plc (OTCMKTS:JSAIY) was the recipient of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 900 shares, a decrease of 81.3% from the October 31st total of 4,800 shares. Based on an average daily trading volume, of 64,000 shares, the days-to-cover ratio is currently 0.0 days.

J Sainsbury Stock Up 0.5 %

OTCMKTS:JSAIY traded up $0.06 during mid-day trading on Wednesday, reaching $12.97. The stock had a trading volume of 30,038 shares, compared to its average volume of 31,371. The stock has a 50-day simple moving average of $14.42 and a two-hundred day simple moving average of $14.35. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.49 and a current ratio of 0.66. J Sainsbury has a 12 month low of $12.09 and a 12 month high of $16.43.

J Sainsbury Cuts Dividend

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

Analyst Upgrades and Downgrades

JSAIY has been the subject of a number of research analyst reports. BNP Paribas raised shares of J Sainsbury to a “strong-buy” rating in a research note on Friday, October 18th. UBS Group upgraded shares of J Sainsbury to a “strong-buy” rating in a research note on Monday, September 16th. Barclays raised shares of J Sainsbury to a “strong-buy” rating in a report on Monday, September 16th. Finally, Royal Bank of Canada upgraded J Sainsbury to a “moderate buy” rating in a research report on Tuesday, November 19th.

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.