J Sainsbury plc (OTCMKTS:JSNSF) Short Interest Down 9.1% in October

J Sainsbury plc (OTCMKTS:JSNSF) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 1,048,800 shares, a drop of 9.1% from the September 30th total of 1,153,400 shares. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is presently 291.3 days.

J Sainsbury Price Performance

OTCMKTS:JSNSF opened at $3.53 on Thursday. The business has a 50 day simple moving average of $3.87 and a 200-day simple moving average of $3.57. J Sainsbury has a 1 year low of $3.10 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.