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

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

J Sainsbury Stock Up 3.5 %

OTCMKTS JSAIY traded up $0.46 during mid-day trading on Friday, reaching $13.43. The stock had a trading volume of 28,098 shares, compared to its average volume of 31,357. J Sainsbury has a 1 year low of $12.09 and a 1 year high of $16.43. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.66 and a quick ratio of 0.49. The company has a fifty day moving average price of $14.31 and a 200 day moving average price of $14.33.

J Sainsbury Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, November 18th will be paid 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 analyst reports. Barclays raised J Sainsbury to a “strong-buy” rating in a research report on Monday, September 16th. UBS Group raised J Sainsbury to a “strong-buy” rating in a research report on Monday, September 16th. BNP Paribas upgraded shares of J Sainsbury to a “strong-buy” rating in a research note on Friday, October 18th. Finally, Royal Bank of Canada raised shares of 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.