Safestore Holdings Plc (OTCMKTS:SFSHF) Short Interest Down 70.6% in March

Safestore Holdings Plc (OTCMKTS:SFSHF) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 500 shares, a drop of 70.6% from the February 28th total of 1,700 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 1.3 days. Approximately 0.0% of the company’s stock are sold short.

Safestore Stock Performance

Shares of Safestore stock remained flat at $7.49 during midday trading on Friday. Safestore has a 12 month low of $7.25 and a 12 month high of $12.07. The business’s 50 day moving average price is $7.69 and its 200 day moving average price is $9.20.

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.