Short Interest in Dalata Hotel Group plc (OTCMKTS:DLTTF) Increases By 63.9%

Dalata Hotel Group plc (OTCMKTS:DLTTF) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 75,400 shares, a growth of 63.9% from the March 15th total of 46,000 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Dalata Hotel Group in a research report on Friday, March 7th.

Dalata Hotel Group Stock Performance

OTCMKTS DLTTF remained flat at $5.38 during trading hours on Thursday. Dalata Hotel Group has a one year low of $4.88 and a one year high of $5.41. The stock’s 50 day moving average is $4.97 and its two-hundred day moving average is $4.91.

About Dalata Hotel Group

Dalata Hotel Group plc owns, leases, and manages hotels under the Maldron Hotels and Clayton Hotels brand names in Dublin, Regional Ireland, the United Kingdom, and Continental Europe. It operates four-star hotels; and boutique hotels under The Gibson Hotel, The Samuel Hotel, Hotel 7, and The Belvedere Hotel brands.