J Sainsbury plc (OTCMKTS:JSAIY) Short Interest Up 16.7% in September

J Sainsbury plc (OTCMKTS:JSAIY) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 11,900 shares, an increase of 16.7% from the August 31st total of 10,200 shares. Based on an average daily volume of 19,000 shares, the short-interest ratio is presently 0.6 days.

J Sainsbury Trading Up 1.1 %

J Sainsbury stock traded up $0.18 on Monday, hitting $16.27. 10,400 shares of the stock traded hands, compared to its average volume of 31,094. J Sainsbury has a 1 year low of $11.96 and a 1 year high of $16.43. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.49 and a current ratio of 0.66. The business’s fifty day simple moving average is $15.12 and its 200 day simple moving average is $14.12.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. UBS Group upgraded shares of J Sainsbury to a “strong-buy” rating in a report on Monday, September 16th. Barclays raised shares of J Sainsbury to a “strong-buy” rating in a research note on Monday, September 16th.

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.