J Sainsbury plc (OTCMKTS:JSNSF) Sees Large Growth in Short Interest

J Sainsbury plc (OTCMKTS:JSNSF) was the recipient of a large growth in short interest in January. As of January 31st, there was short interest totalling 1,274,900 shares, a growth of 6.9% from the January 15th total of 1,193,000 shares. Based on an average daily volume of 12,600 shares, the days-to-cover ratio is currently 101.2 days.

J Sainsbury Stock Performance

Shares of OTCMKTS JSNSF opened at $3.65 on Monday. The stock’s 50-day moving average is $3.39 and its two-hundred day moving average is $3.56. J Sainsbury has a 1-year low of $3.01 and a 1-year high of $4.33.

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.