Safestore Holdings Plc (OTCMKTS:SFSHF) Sees Significant Decrease in Short Interest

Safestore Holdings Plc (OTCMKTS:SFSHF) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 500 shares, a decrease of 70.6% from the February 28th total of 1,700 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 400 shares, the short-interest ratio is currently 1.3 days.

Safestore Stock Performance

Safestore stock remained flat at $7.49 during mid-day trading on Friday. The business has a fifty day moving average of $7.69 and a two-hundred day moving average of $9.17. Safestore has a twelve month low of $7.25 and a twelve month high of $12.07.

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.