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Safestore Holdings Plc (OTCMKTS:SFSHF) Sees Significant Drop in Short Interest

Safestore logo with Finance background

Safestore Holdings Plc (OTCMKTS:SFSHF - Get Free Report) saw a significant drop in short interest in May. As of May 31st, there was short interest totalling 200 shares, a drop of 90.0% from the May 15th total of 2,000 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Safestore Stock Performance

Shares of SFSHF remained flat at $8.74 during mid-day trading on Friday. The company's 50-day simple moving average is $7.93 and its 200 day simple moving average is $7.93. Safestore has a 12-month low of $6.97 and a 12-month high of $12.07.

About Safestore

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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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