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

Global Self Storage, Inc. (NASDAQ:SELF) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 21,200 shares, an increase of 143.7% from the March 31st total of 8,700 shares. Based on an average daily trading volume, of 30,500 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SELF. Creekmur Asset Management LLC purchased a new stake in shares of Global Self Storage during the 4th quarter valued at approximately $42,000. Core Wealth Partners LLC purchased a new stake in shares of Global Self Storage during the 1st quarter valued at approximately $44,000. Victory Capital Management Inc. purchased a new stake in shares of Global Self Storage during the 4th quarter valued at approximately $79,000. Balboa Wealth Partners raised its position in shares of Global Self Storage by 48.5% during the 3rd quarter. Balboa Wealth Partners now owns 16,259 shares of the financial services provider’s stock valued at $79,000 after buying an additional 5,309 shares during the period. Finally, Kestra Private Wealth Services LLC purchased a new stake in shares of Global Self Storage during the 3rd quarter valued at approximately $156,000. 28.88% of the stock is currently owned by institutional investors and hedge funds.

Global Self Storage Price Performance

SELF stock traded up $0.06 during trading on Friday, hitting $4.26. The stock had a trading volume of 13,264 shares, compared to its average volume of 16,466. Global Self Storage has a twelve month low of $4.01 and a twelve month high of $5.25. The stock has a market capitalization of $47.50 million, a P/E ratio of 16.39 and a beta of 0.21. The company’s 50-day moving average price is $4.29 and its two-hundred day moving average price is $4.47.

Global Self Storage Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were issued a dividend of $0.072 per share. This represents a $0.29 annualized dividend and a dividend yield of 6.76%. The ex-dividend date was Thursday, March 14th. Global Self Storage’s dividend payout ratio is currently 111.54%.

Global Self Storage Company Profile

Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers.