Global Self Storage, Inc. (NASDAQ:SELF) Short Interest Update

Global Self Storage, Inc. (NASDAQ:SELF) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 14,050 shares, a decline of 20.8% from the January 29th total of 17,733 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 22,973 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 22,973 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the company’s shares are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Global Self Storage in a research note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Institutional Investors Weigh In On Global Self Storage

A number of hedge funds and other institutional investors have recently made changes to their positions in SELF. Financial Gravity Companies Inc. acquired a new position in Global Self Storage in the 2nd quarter worth $34,000. Virtu Financial LLC bought a new stake in shares of Global Self Storage in the third quarter valued at about $54,000. Private Capital Management LLC acquired a new position in shares of Global Self Storage during the fourth quarter worth about $61,000. Raymond James Financial Inc. grew its holdings in shares of Global Self Storage by 20.4% during the second quarter. Raymond James Financial Inc. now owns 18,758 shares of the financial services provider’s stock worth $100,000 after buying an additional 3,179 shares in the last quarter. Finally, Goldman Sachs Group Inc. acquired a new stake in Global Self Storage in the 4th quarter valued at approximately $99,000. 28.88% of the stock is currently owned by institutional investors and hedge funds.

Global Self Storage Price Performance

NASDAQ:SELF opened at $5.10 on Monday. The business’s 50-day simple moving average is $5.05 and its 200-day simple moving average is $5.06. Global Self Storage has a fifty-two week low of $4.73 and a fifty-two week high of $5.89. The stock has a market capitalization of $57.83 million, a PE ratio of 31.88 and a beta of -0.01.

About Global Self Storage

Global Self Storage, Inc (NASDAQ: SELF) is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and acquisition of self storage properties across the United States. Headquartered in Denver, Colorado, the company focuses on delivering storage solutions tailored to both personal and commercial customers. Since its formation in 2012, Global Self Storage has built a diversified portfolio designed to meet a range of storage needs—from climate-controlled units to vehicle and business storage options.

The company’s primary business activities include the development of new facilities, the strategic acquisition of existing properties and the repositioning of underperforming assets.