J. Sainsbury PLC (OTCMKTS:JSAIY) Stock Short Interest Report for September

J. Sainsbury PLC (OTCMKTS:JSAIY) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 25,610 shares, a growth of 95.4% from the September 15th total of 13,109 shares. Based on an average daily volume of 57,608 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company’s shares are sold short.

J. Sainsbury Price Performance

Shares of JSAIY stock traded up $0.06 on Wednesday, hitting $18.18. 16,580 shares of the stock were exchanged, compared to its average volume of 51,219. The company has a quick ratio of 0.24, a current ratio of 0.56 and a debt-to-equity ratio of 0.16. J. Sainsbury has a fifty-two week low of $15.87 and a fifty-two week high of $19.90. The business has a 50-day moving average of $18.09 and a 200 day moving average of $17.89.

Analysts Set New Price Targets

Several equities research analysts have weighed in on JSAIY shares. Citigroup reiterated a “neutral” rating on shares of J. Sainsbury in a report on Monday, September 28th. Zacks Research raised shares of J. Sainsbury from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of J. Sainsbury in a report on Tuesday, August 4th. Finally, The Goldman Sachs Group upgraded shares of J. Sainsbury from a “sell” rating to a “hold” rating in a research report on Monday, August 3rd. One research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

J. Sainsbury Company Profile

J Sainsbury plc is a United Kingdom-based retail company operating under the Sainsbury’s brand. Its core business is the sale of groceries through supermarkets and convenience stores, offering fresh food, packaged food, household goods, beverages, and other everyday essentials through physical stores and online channels.

The company also operates Argos, a general merchandise retailer offering products such as consumer electronics, toys, home furnishings, appliances, and other goods through stores, collection points, and delivery services.