Big Yellow Group Plc (OTCMKTS:BYLOF) Sees Significant Increase in Short Interest

Big Yellow Group Plc (OTCMKTS:BYLOFGet Rating) saw a significant growth in short interest in the month of December. As of December 30th, there was short interest totalling 659,800 shares, a growth of 28.2% from the December 15th total of 514,500 shares. Based on an average trading volume of 800 shares, the short-interest ratio is presently 824.8 days.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on BYLOF. The Goldman Sachs Group upgraded Big Yellow Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, December 14th. Barclays assumed coverage on shares of Big Yellow Group in a research report on Friday, October 14th. They set an “overweight” rating on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Big Yellow Group from GBX 1,550 ($18.91) to GBX 1,350 ($16.47) in a research report on Friday, December 9th. Finally, HSBC raised shares of Big Yellow Group from a “hold” rating to a “buy” rating in a report on Monday, October 24th.

Big Yellow Group Stock Performance

OTCMKTS:BYLOF opened at $14.52 on Friday. The company’s 50-day moving average is $13.95 and its two-hundred day moving average is $14.22. Big Yellow Group has a 1-year low of $10.74 and a 1-year high of $20.73.

Big Yellow Group Company Profile

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Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 103 stores, including 25 stores branded as Armadillo Self Storage, in which the Group has a 20% interest. We own a further 11 Big Yellow self storage development sites, of which eight have planning consent.

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