Safestore Holdings PLC (OTCMKTS:SFSHF) Short Interest Update

Safestore Holdings PLC (OTCMKTS:SFSHF) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 491,863 shares, an increase of 3,678.9% from the April 15th total of 13,016 shares. Based on an average daily volume of 4 shares, the short-interest ratio is presently 122,965.8 days. Currently, 0.2% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on SFSHF shares. Barclays lowered Safestore from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Oddo Bhf raised Safestore to an “outperform” rating in a research report on Thursday, January 15th. Finally, Kepler Capital Markets lowered Safestore from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 10th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Safestore Stock Performance

SFSHF stock remained flat at $9.44 during mid-day trading on Monday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.28 and a quick ratio of 0.28. Safestore has a 52-week low of $8.01 and a 52-week high of $11.01. The business has a fifty day simple moving average of $9.31 and a 200-day simple moving average of $9.48.

About Safestore

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.