Safestore Holdings PLC (OTCMKTS:SFSHF) Short Interest Update

Safestore Holdings PLC (OTCMKTS:SFSHF) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 638 shares, a decline of 99.9% from the June 15th total of 486,638 shares. Based on an average daily trading volume, of 10 shares, the days-to-cover ratio is currently 63.8 days. Currently, 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, Morgan Stanley reiterated an “underweight” rating on shares of Safestore in a report on Monday, June 15th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Safestore Price Performance

OTCMKTS SFSHF remained flat at $8.05 during trading on Friday. Safestore has a one year low of $8.05 and a one year high of $11.01. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.28 and a current ratio of 0.29. The firm’s 50 day simple moving average is $8.78 and its 200-day simple moving average is $9.46.

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.