Delivery Hero SE (OTCMKTS:DLVHF) Short Interest Up 25.4% in December

Delivery Hero SE (OTCMKTS:DLVHF) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,359,300 shares, an increase of 25.4% from the December 15th total of 2,679,000 shares. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is currently 746.5 days.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DLVHF. Citigroup upgraded Delivery Hero to a “hold” rating in a research note on Tuesday, October 15th. Barclays raised shares of Delivery Hero to a “strong-buy” rating in a research note on Thursday, January 9th. Finally, BNP Paribas lowered shares of Delivery Hero from a “hold” rating to a “strong sell” rating in a research note on Tuesday.

Delivery Hero Stock Performance

DLVHF stock remained flat at $29.35 during trading on Friday. The business has a 50 day simple moving average of $33.37 and a 200 day simple moving average of $31.52. Delivery Hero has a 12-month low of $17.80 and a 12-month 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.