Short Interest in StackIt Storage Inc (NASDAQ:STAK) Drops By 71.1%

Posted by on Jun 13th, 2026

StackIt Storage Inc (NASDAQ:STAK – Get Free Report) saw a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 301,790 shares, a drop of 71.1% from the May 14th total of 1,042,632 shares. Currently, 2.3% of the shares of the company are short sold. Based on an average daily volume of 435,244 shares, the days-to-cover ratio is presently 0.7 days.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Weiss Ratings started coverage on StackIt Storage in a report on Wednesday, April 8th. They set a “sell (d)” rating on the stock. Wall Street Zen raised StackIt Storage to a “hold” rating in a report on Saturday, May 2nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on STAK

StackIt Storage Stock Performance

Shares of NASDAQ STAK traded down $0.40 during midday trading on Friday, reaching $7.72. 721,804 shares of the company were exchanged, compared to its average volume of 4,393,073. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.54 and a current ratio of 1.85. StackIt Storage has a 1 year low of $0.29 and a 1 year high of $9.50. The stock has a fifty day simple moving average of $1.87 and a 200 day simple moving average of $1.00.

StackIt Storage (NASDAQ:STAK – Get Free Report) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.07 earnings per share (EPS) for the quarter. The company had revenue of $9.62 million for the quarter.

StackIt Storage Company Profile

(Get Free Report)

Manufactured Housing Properties Inc engages in the administration and management of manufactured housing communities. The firm manufactures home sites to tenants that own manufactured home and the rental of company-owned manufactured homes to residents of the communities. Its communities are located in North Carolina, South Carolina and Tennessee. The company was founded on September 3, 2003 and is headquartered in Pineville, NC.

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