Big Yellow Group Plc (OTCMKTS:BYLOF) Short Interest Up 5,227.9% in March

Big Yellow Group Plc (OTCMKTS:BYLOF) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 1,158,600 shares, a growth of 5,227.9% from the February 26th total of 21,746 shares. Based on an average daily trading volume, of 5,221 shares, the short-interest ratio is presently 221.9 days. Based on an average daily trading volume, of 5,221 shares, the short-interest ratio is presently 221.9 days.

Big Yellow Group Stock Performance

Shares of Big Yellow Group stock traded up $0.30 on Tuesday, hitting $12.05. 2,086 shares of the company traded hands, compared to its average volume of 2,330. Big Yellow Group has a 12-month low of $10.60 and a 12-month high of $15.84. The firm’s 50-day simple moving average is $13.58 and its 200 day simple moving average is $13.77.

Analyst Upgrades and Downgrades

Several research firms recently commented on BYLOF. Oddo Bhf cut Big Yellow Group to a “neutral” rating in a research report on Thursday, January 15th. Jefferies Financial Group upgraded Big Yellow Group from a “hold” rating to a “buy” rating in a research report on Monday, January 26th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Big Yellow Group Company Profile

Big Yellow Group (OTCMKTS:BYLOF) is a UK-based self storage company that develops, owns and operates purpose-built storage facilities. Established in 1998 and listed on the London Stock Exchange, the company has grown to become one of the largest self storage providers in the United Kingdom. Its portfolio encompasses modern, secure units designed for personal and business use, offering customers flexible rental periods and a range of unit sizes to suit varying storage needs.

The company’s core activities include property development, facility management and customer services, underpinned by features such as 24-hour CCTV surveillance, individual alarms and climate-controlled units at many locations.