StorageVault Canada Inc. (OTCMKTS:SVAUF) Short Interest Up 20.4% in March

StorageVault Canada Inc. (OTCMKTS:SVAUF) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 3,768,800 shares, an increase of 20.4% from the February 28th total of 3,131,300 shares. Based on an average trading volume of 22,900 shares, the short-interest ratio is presently 164.6 days.

StorageVault Canada Price Performance

Shares of OTCMKTS:SVAUF opened at $2.81 on Wednesday. StorageVault Canada has a 1-year low of $2.52 and a 1-year high of $3.86. The business has a 50-day moving average price of $2.71 and a two-hundred day moving average price of $2.95.

StorageVault Canada Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be paid a dividend of $0.002 per share. This represents a dividend yield of 0.3%. The ex-dividend date is Monday, March 31st.

StorageVault Canada Company Profile

StorageVault Canada Inc owns, manages, and rents self-storage and portable storage space to individual and commercial customers in Canada. It operates through three segments: Self Storage, Portable Storage, and Management Division. The company manages various stores owned by third parties; and stores, shreds, and manages documents and records for customers.