J Sainsbury plc (OTCMKTS:JSNSF – Get Free Report) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 1,441,942 shares, an increase of 34.6% from the January 29th total of 1,071,313 shares. Based on an average trading volume of 6,632 shares, the days-to-cover ratio is currently 217.4 days. Based on an average trading volume of 6,632 shares, the days-to-cover ratio is currently 217.4 days.
J Sainsbury Price Performance
Shares of J Sainsbury stock opened at $4.70 on Monday. J Sainsbury has a 1 year low of $2.80 and a 1 year high of $4.90. The firm has a fifty day moving average price of $4.59 and a 200 day moving average price of $4.45.
About J Sainsbury
J Sainsbury plc is one of the United Kingdom’s leading food and grocery retailers, operating a network of supermarkets and convenience stores across England, Scotland and Wales. Founded in 1869 by John James Sainsbury and his wife Mary Ann, the company has grown from a single dairy shop in Drury Lane, London, into a diversified retail group serving millions of customers each week. In addition to its flagship Sainsbury’s supermarkets, the business operates smaller Sainsbury’s Local outlets to cater to urban and high-street shoppers.
The company’s core offerings include a wide range of fresh and packaged food products, household essentials and general merchandise.
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