J Sainsbury plc (OTCMKTS:JSAIY) Short Interest Up 1,122.2% in November

J Sainsbury plc (OTCMKTS:JSAIY) was the target of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 11,000 shares, a growth of 1,122.2% from the November 15th total of 900 shares. Based on an average trading volume of 124,700 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. BNP Paribas upgraded J Sainsbury to a “strong-buy” rating in a report on Friday, October 18th. Royal Bank of Canada upgraded shares of J Sainsbury to a “moderate buy” rating in a research report on Tuesday, November 19th. Barclays upgraded shares of J Sainsbury to a “strong-buy” rating in a report on Monday, September 16th. Finally, UBS Group upgraded J Sainsbury to a “strong-buy” rating in a report on Monday, September 16th.

J Sainsbury Stock Up 1.9 %

Shares of J Sainsbury stock traded up $0.28 during midday trading on Thursday, reaching $14.50. The company had a trading volume of 27,048 shares, compared to its average volume of 31,874. The stock has a fifty day moving average price of $13.89 and a 200 day moving average price of $14.30. J Sainsbury has a fifty-two week low of $12.09 and a fifty-two week 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.

J Sainsbury Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, November 18th will be given a $0.2025 dividend. The ex-dividend date is Monday, November 18th.

About J Sainsbury

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.