Short Interest in J Sainsbury plc (OTCMKTS:JSNSF) Increases By 23.3%

J Sainsbury plc (OTCMKTS:JSNSF) saw a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 1,572,500 shares, an increase of 23.3% from the January 31st total of 1,274,900 shares. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is presently 1,310.4 days.

J Sainsbury Price Performance

Shares of JSNSF remained flat at $3.50 during mid-day trading on Wednesday. The business has a 50-day moving average of $3.37 and a two-hundred day moving average of $3.56. J Sainsbury has a one year low of $3.01 and a one year high of $4.33.

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.