Short Interest in Delivery Hero SE (OTCMKTS:DLVHF) Decreases By 30.9%

Delivery Hero SE (OTCMKTS:DLVHF) saw a significant decrease in short interest in September. As of September 30th, there was short interest totalling 2,964,700 shares, a decrease of 30.9% from the September 15th total of 4,289,900 shares. Based on an average trading volume of 2,800 shares, the short-interest ratio is currently 1,058.8 days.

Analyst Ratings Changes

Separately, UBS Group raised shares of Delivery Hero to a “strong-buy” rating in a report on Thursday, August 1st.

Delivery Hero Price Performance

DLVHF remained flat at $41.00 on Friday. The company’s fifty day simple moving average is $30.57 and its 200 day simple moving average is $28.68. Delivery Hero has a 52-week low of $17.80 and a 52-week high of $43.76.

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.