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

Global Self Storage, Inc. (NASDAQ:SELF - Get Free Report) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 14,900 shares, a decrease of 19.0% from the February 28th total of 18,400 shares. Based on an average daily trading volume, of 15,800 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Global Self Storage

Several institutional investors have recently bought and sold shares of the stock. Crossingbridge Advisors LLC lifted its position in Global Self Storage by 49.8% in the fourth quarter. Crossingbridge Advisors LLC now owns 151,325 shares of the financial services provider's stock valued at $807,000 after purchasing an additional 50,295 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Global Self Storage in the fourth quarter worth $66,000. Winmill & CO. Inc. raised its holdings in Global Self Storage by 8.3% during the 4th quarter. Winmill & CO. Inc. now owns 459,762 shares of the financial services provider's stock valued at $2,451,000 after buying an additional 35,096 shares during the last quarter. Bailard Inc. purchased a new stake in Global Self Storage during the 4th quarter valued at $126,000. Finally, AlphaCentric Advisors LLC purchased a new stake in Global Self Storage during the 4th quarter valued at $270,000. 28.88% of the stock is currently owned by hedge funds and other institutional investors.

Global Self Storage Price Performance

NASDAQ SELF traded up $0.03 on Thursday, reaching $5.08. 75,868 shares of the company's stock traded hands, compared to its average volume of 29,220. The stock has a market cap of $57.25 million, a PE ratio of 18.81 and a beta of 0.13. Global Self Storage has a 12 month low of $4.15 and a 12 month high of $5.85. The stock has a 50-day simple moving average of $5.12 and a 200 day simple moving average of $5.13.

Global Self Storage (NASDAQ:SELF - Get Free Report) last issued its earnings results on Wednesday, March 26th. The financial services provider reported $0.11 EPS for the quarter. The company had revenue of $3.19 million for the quarter. Global Self Storage had a net margin of 25.47% and a return on equity of 6.55%.

Global Self Storage Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a $0.0725 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $0.29 annualized dividend and a dividend yield of 5.71%. Global Self Storage's dividend payout ratio is currently 161.11%.

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.