Delivery Hero SE (OTCMKTS:DLVHF – Get Free Report) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 2,653,900 shares, an increase of 6.6% from the October 31st total of 2,490,000 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is presently 589.8 days.
Delivery Hero Stock Performance
Shares of OTCMKTS:DLVHF opened at $36.11 on Thursday. The company has a fifty day simple moving average of $40.08 and a 200 day simple moving average of $31.33. Delivery Hero has a 12-month low of $17.80 and a 12-month high of $44.79.
Wall Street Analyst Weigh In
Separately, Citigroup raised shares of Delivery Hero to a “hold” rating in a research report on Tuesday, October 15th.
About Delivery Hero
Delivery Hero SE offers online food ordering and delivery services. It operates approximately in 70 countries in Asia, the Middle East, Africa, Europe, and Latin America. The company was founded in 2011 and is headquartered in Berlin, Germany.
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