Safestore Holdings PLC (OTCMKTS:SFSHF) Short Interest Update

Key Points

• Safestore Holdings PLC saw a dramatic increase in short interest in July, with a total of 856,400 shares shorted, marking a rise of 856,300.0% from the previous period.
• The company's current short interest represents 0.4% of its total shares, leading to an extraordinary days-to-cover ratio of 2,854.7 days.
• As of recent trading, Safestore stock is priced at $8.80, with a 12-month trading range between $6.97 and $12.07.

Safestore Holdings PLC (OTCMKTS:SFSHF - ) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 856,400 shares, anincreaseof856,300.0% from the July 15th total of 100 shares. Currently,0.4% of the company's shares are sold short. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 2,854.7 days. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 2,854.7 days. Currently,0.4% of the company's shares are sold short.

Safestore Price Performance

Shares of Safestore stock traded down $0.20 during midday trading on Thursday, reaching $8.80. 1,004 shares of the company's stock traded hands, compared to its average volume of 134. The stock has a 50 day moving average of $9.06 and a 200-day moving average of $8.19. Safestore has a 12 month low of $6.97 and a 12 month high of $12.07.

Safestore Company Profile

Safestore is the UK's largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium.

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