Delivery Hero SE (OTCMKTS:DLVHF) Sees Large Growth in Short Interest

Delivery Hero SE (OTCMKTS:DLVHF) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 2,490,000 shares, a growth of 6.2% from the October 15th total of 2,344,000 shares. Based on an average daily volume of 11,200 shares, the days-to-cover ratio is currently 222.3 days.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Citigroup raised shares of Delivery Hero to a “hold” rating in a research note on Tuesday, October 15th. UBS Group raised shares of Delivery Hero to a “strong-buy” rating in a research note on Thursday, August 1st.

Delivery Hero Price Performance

Delivery Hero stock opened at $39.01 on Tuesday. The company’s fifty day moving average price is $38.29 and its 200 day moving average price is $30.43. Delivery Hero has a 1 year low of $17.80 and a 1 year high of $44.79.

Delivery Hero Company Profile

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.