Shurgard Self Storage Ltd (OTCMKTS:SSSAF) Sees Significant Increase in Short Interest

Shurgard Self Storage Ltd (OTCMKTS:SSSAF) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 191,343 shares, a growth of 83.7% from the June 30th total of 104,152 shares. Based on an average daily volume of 360 shares, the short-interest ratio is currently 531.5 days.

Wall Street Analyst Weigh In

Separately, BNP Paribas Exane assumed coverage on shares of Shurgard Self Storage in a report on Wednesday, July 1st. They issued an “outperform” rating on the stock. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Shurgard Self Storage Stock Performance

Shares of OTCMKTS:SSSAF opened at $29.65 on Thursday. The stock’s 50-day moving average is $28.56 and its 200 day moving average is $31.69. Shurgard Self Storage has a 1 year low of $26.30 and a 1 year high of $40.02.

About Shurgard Self Storage

Shurgard Self Storage SA (OTCMKTS:SSSAF) is one of Europe’s leading providers of self storage solutions, offering flexible, secure storage units for personal and business use. Founded in 1995 and headquartered in Brussels, Belgium, the company delivers a range of unit sizes to accommodate household belongings, archival records, inventory and recreational gear. Shurgard facilities feature 24/7 access, CCTV surveillance, climate control and optional insurance coverage, supporting a diverse customer base from individuals in transition to small and medium-sized enterprises seeking scalable storage space.

With a network of more than 200 locations across eight countries—Belgium, France, the Netherlands, Germany, Sweden, Denmark, Norway and the United Kingdom—Shurgard combines strategic urban and suburban property selection with an emphasis on high-traffic accessibility.