Safestore Holdings PLC (OTCMKTS:SFSHF) Short Interest Update
by Mitch Edgeman · The Markets DailySafestore Holdings PLC (OTCMKTS:SFSHF – Get Free Report) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 25 shares, a drop of 96.1% from the June 30th total of 638 shares. Based on an average daily volume of 82 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.
Safestore Stock Performance
Shares of OTCMKTS SFSHF remained flat at $7.87 during trading on Friday. Safestore has a 12 month low of $7.87 and a 12 month high of $11.01. The business’s 50-day moving average is $8.47 and its 200-day moving average is $9.34. The company has a quick ratio of 0.28, a current ratio of 0.29 and a debt-to-equity ratio of 0.40.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley reaffirmed an “underweight” rating on shares of Safestore in a report on Monday, June 15th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Safestore presently has an average rating of “Reduce”.
View Our Latest Stock Report on SFSHF
Safestore Company Profile
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.