Short Interest in Delivery Hero SE (OTCMKTS:DLVHF) Rises By 25.4%

Delivery Hero SE (OTCMKTS:DLVHF) was the target of a significant increase in short interest in 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 presently 746.5 days.

Analyst Upgrades and Downgrades

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

Delivery Hero Stock Performance

DLVHF remained flat at $29.35 during midday trading on Friday. Delivery Hero has a 12-month low of $17.80 and a 12-month high of $44.79. The firm’s fifty day moving average is $33.37 and its two-hundred day moving average is $31.52.

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.