J Sainsbury plc (OTCMKTS:JSNSF) Short Interest Update

J Sainsbury plc (OTCMKTS:JSNSF) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 382,691 shares, a decrease of 69.3% from the December 31st total of 1,246,528 shares. Based on an average daily trading volume, of 5,345 shares, the days-to-cover ratio is currently 71.6 days. Based on an average daily trading volume, of 5,345 shares, the days-to-cover ratio is currently 71.6 days.

J Sainsbury Stock Performance

OTCMKTS JSNSF remained flat at $4.61 on Wednesday. 240 shares of the company traded hands, compared to its average volume of 6,131. The company’s 50-day moving average price is $4.42 and its two-hundred day moving average price is $4.36. J Sainsbury has a 12 month low of $2.80 and a 12 month high of $4.90.

J Sainsbury Company Profile

J Sainsbury plc is one of the United Kingdom’s leading food and grocery retailers, operating a network of supermarkets and convenience stores across England, Scotland and Wales. Founded in 1869 by John James Sainsbury and his wife Mary Ann, the company has grown from a single dairy shop in Drury Lane, London, into a diversified retail group serving millions of customers each week. In addition to its flagship Sainsbury’s supermarkets, the business operates smaller Sainsbury’s Local outlets to cater to urban and high-street shoppers.

The company’s core offerings include a wide range of fresh and packaged food products, household essentials and general merchandise.