J Sainsbury plc (OTCMKTS:JSAIY - Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 8,100 shares, a drop of 85.4% from the February 28th total of 55,600 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 51,100 shares, the short-interest ratio is currently 0.2 days.

Separately, Hsbc Global Res raised shares of J Sainsbury from a "hold" rating to a "strong-buy" rating in a report on Friday, March 21st. Four equities research analysts have rated the stock with a strong buy rating, According to MarketBeat, J Sainsbury currently has a consensus rating of "Strong Buy".

Get Our Latest Report on J Sainsbury

OTCMKTS JSAIY traded down $0.04 on Wednesday, hitting $12.28. 24,245 shares of the company were exchanged, compared to its average volume of 44,722. J Sainsbury has a 1-year low of $12.09 and a 1-year high of $16.43. The firm has a 50 day moving average of $12.94 and a two-hundred day moving average of $13.79. The company has a quick ratio of 0.57, a current ratio of 0.74 and a debt-to-equity ratio of 0.17.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider J Sainsbury, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and J Sainsbury wasn't on the list.

While J Sainsbury currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.