Short Interest in Safestore Holdings Plc (OTCMKTS:SFSHF) Increases By 66.7%

Safestore Holdings Plc (OTCMKTS:SFSHF) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 1,500 shares, an increase of 66.7% from the January 31st total of 900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 15.0 days.

Safestore Stock Performance

Shares of OTCMKTS:SFSHF remained flat at $7.90 during trading on Friday. The business has a 50-day simple moving average of $7.82 and a 200-day simple moving average of $9.67. Safestore has a one year low of $7.25 and a one year high of $12.07.

About Safestore

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.