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

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

J Sainsbury Stock Performance

J Sainsbury stock remained flat at $3.50 during mid-day trading on Thursday. The company’s fifty day moving average is $3.37 and its 200-day moving average is $3.56. J Sainsbury has a 52 week low of $3.01 and a 52 week 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.