J Sainsbury plc (OTCMKTS:JSNSF) Sees Large Increase in Short Interest

J Sainsbury plc (OTCMKTS:JSNSF) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 2,092,600 shares, an increase of 5.4% from the October 15th total of 1,984,600 shares. Based on an average daily trading volume, of 8,800 shares, the days-to-cover ratio is presently 237.8 days.

J Sainsbury Stock Performance

JSNSF opened at $3.43 on Friday. The business has a 50 day moving average price of $3.27 and a 200 day moving average price of $3.44. J Sainsbury has a twelve month low of $2.53 and a twelve month high of $3.86.

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.