Short Interest in Big Yellow Group Plc (OTCMKTS:BYLOF) Increases By 5,227.9%

Big Yellow Group Plc (OTCMKTS:BYLOF) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 1,158,600 shares, a growth of 5,227.9% from the February 26th total of 21,746 shares. Based on an average daily trading volume, of 5,221 shares, the days-to-cover ratio is presently 221.9 days. Based on an average daily trading volume, of 5,221 shares, the days-to-cover ratio is presently 221.9 days.

Big Yellow Group Price Performance

Shares of BYLOF stock traded up $0.30 during trading hours on Tuesday, reaching $12.05. The stock had a trading volume of 2,086 shares, compared to its average volume of 2,330. The stock’s fifty day simple moving average is $13.58 and its 200 day simple moving average is $13.77. Big Yellow Group has a 12 month low of $10.60 and a 12 month high of $15.84.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Jefferies Financial Group upgraded shares of Big Yellow Group from a “hold” rating to a “buy” rating in a research note on Monday, January 26th. Oddo Bhf lowered Big Yellow Group to a “neutral” rating in a report on Thursday, January 15th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

About Big Yellow Group

Big Yellow Group (OTCMKTS:BYLOF) is a UK-based self storage company that develops, owns and operates purpose-built storage facilities. Established in 1998 and listed on the London Stock Exchange, the company has grown to become one of the largest self storage providers in the United Kingdom. Its portfolio encompasses modern, secure units designed for personal and business use, offering customers flexible rental periods and a range of unit sizes to suit varying storage needs.

The company’s core activities include property development, facility management and customer services, underpinned by features such as 24-hour CCTV surveillance, individual alarms and climate-controlled units at many locations.