Safestore Holdings PLC (OTCMKTS:SFSHF) Short Interest Down 96.1% in July

Safestore Holdings PLC (OTCMKTS:SFSHF) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 25 shares, a decrease of 96.1% from the June 30th total of 638 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 82 shares, the short-interest ratio is currently 0.3 days.

Safestore Price Performance

Safestore stock remained flat at $7.87 on Friday. The company’s stock had a trading volume of 35 shares, compared to its average volume of 22. The company’s fifty day moving average is $8.47 and its two-hundred day moving average is $9.34. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.28 and a current ratio of 0.29. Safestore has a one year low of $7.87 and a one year high of $11.01.

Analysts Set New Price Targets

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

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.