Global Self Storage (NASDAQ:SELF) Share Price Passes Below 50-Day Moving Average of $4.30

Global Self Storage, Inc. (NASDAQ:SELF) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $4.30 and traded as low as $4.17. Global Self Storage shares last traded at $4.21, with a volume of 12,619 shares.

Global Self Storage Trading Up 0.5 %

The firm has a market capitalization of $46.94 million, a P/E ratio of 16.19 and a beta of 0.21. The stock’s 50-day simple moving average is $4.30 and its 200-day simple moving average is $4.49.

Global Self Storage Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a dividend of $0.072 per share. This represents a $0.29 dividend on an annualized basis and a dividend yield of 6.84%. The ex-dividend date was Thursday, March 14th. Global Self Storage’s payout ratio is 111.54%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. O Shaughnessy Asset Management LLC lifted its position in shares of Global Self Storage by 10.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 21,282 shares of the financial services provider’s stock valued at $109,000 after buying an additional 2,026 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Global Self Storage by 5.0% in the second quarter. Dimensional Fund Advisors LP now owns 52,323 shares of the financial services provider’s stock valued at $264,000 after acquiring an additional 2,500 shares during the period. State Street Corp grew its position in shares of Global Self Storage by 14.0% during the 2nd quarter. State Street Corp now owns 21,662 shares of the financial services provider’s stock valued at $122,000 after purchasing an additional 2,662 shares in the last quarter. BlackRock Inc. raised its position in shares of Global Self Storage by 7.6% in the first quarter. BlackRock Inc. now owns 53,456 shares of the financial services provider’s stock worth $275,000 after buying an additional 3,762 shares in the last quarter. Finally, Marathon Capital Management boosted its stake in Global Self Storage by 1.4% during the second quarter. Marathon Capital Management now owns 375,060 shares of the financial services provider’s stock valued at $1,894,000 after buying an additional 5,086 shares during the period. 28.88% of the stock is currently owned by hedge funds and other institutional investors.

Global Self Storage Company Profile

Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers.