Short Interest in J Sainsbury plc (OTCMKTS:JSNSF) Declines By 24.2%

J Sainsbury plc (OTCMKTS:JSNSF) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 1,233,727 shares, a decrease of 24.2% from the November 30th total of 1,628,023 shares. Based on an average trading volume of 980 shares, the short-interest ratio is currently 1,258.9 days. Based on an average trading volume of 980 shares, the short-interest ratio is currently 1,258.9 days.

J Sainsbury Stock Down 3.9%

Shares of OTCMKTS JSNSF traded down $0.18 on Wednesday, hitting $4.33. The company’s stock had a trading volume of 1,576 shares, compared to its average volume of 4,328. The stock has a 50 day moving average of $4.42 and a 200-day moving average of $4.29. J Sainsbury has a 12-month low of $2.80 and a 12-month high of $4.90.

J Sainsbury Company Profile

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.