Short Interest in Safestore Holdings PLC (OTCMKTS:SFSHF) Drops By 99.9%

Safestore Holdings PLC (OTCMKTS:SFSHFGet Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 638 shares, a decrease of 99.9% from the June 15th total of 486,638 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 10 shares, the days-to-cover ratio is currently 63.8 days.

Safestore Price Performance

Shares of SFSHF remained flat at $8.05 during midday trading on Friday. Safestore has a 1-year low of $8.05 and a 1-year high of $11.01. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.28 and a current ratio of 0.29. The company has a 50-day simple moving average of $8.78 and a 200-day simple moving average of $9.46.

Analyst Ratings Changes

Separately, Morgan Stanley restated an “underweight” rating on shares of Safestore in a report on Monday, June 15th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce”.

View Our Latest Research Report on SFSHF

About Safestore

(Get Free Report)

Safestore (OTCMKTS:SFSHF) is a leading European self-storage operator providing secure storage solutions for personal and business customers. The company’s facilities offer a wide range of unit sizes, climate-controlled spaces, container storage, and value-added services such as packing materials and insurance. Safestore’s focus on convenience and security is supported by 24/7 access, state-of-the-art surveillance systems, and an integrated online platform for reservations and account management.

Founded in 1998 and headquartered in the United Kingdom, Safestore has expanded through a combination of organic growth and acquisitions to operate over 130 locations across the UK and France.

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