Safestore Holdings Plc (OTCMKTS:SFSHF – Get Free Report) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 277,700 shares, a drop of 16.9% from the August 31st total of 334,000 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 2,777.0 days.
Safestore Price Performance
Shares of SFSHF opened at $11.41 on Monday. The company’s 50-day moving average is $10.81 and its 200-day moving average is $10.05. Safestore has a fifty-two week low of $8.06 and a fifty-two week high of $11.60.
Wall Street Analyst Weigh In
Separately, Citigroup raised Safestore to a “strong-buy” rating in a report on Friday, August 9th.
About Safestore
Safestore is the UK's largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium.
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