J Sainsbury plc (OTCMKTS:JSNSF) Short Interest Up 179.9% in January

J Sainsbury plc (OTCMKTS:JSNSF) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 1,071,313 shares, a growth of 179.9% from the January 15th total of 382,691 shares. Based on an average daily volume of 5,797 shares, the days-to-cover ratio is currently 184.8 days. Based on an average daily volume of 5,797 shares, the days-to-cover ratio is currently 184.8 days.

J Sainsbury Stock Performance

Shares of OTCMKTS JSNSF traded up $0.07 during midday trading on Friday, hitting $4.73. The company’s stock had a trading volume of 3,000 shares, compared to its average volume of 5,550. The stock has a fifty day moving average price of $4.51 and a 200 day moving average price of $4.40. J Sainsbury has a one year low of $2.80 and a one year high of $4.90.

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.