Delivery Hero SE (OTCMKTS:DLVHF) Short Interest Up 6.2% in October

Delivery Hero SE (OTCMKTS:DLVHF) saw a significant growth in short interest in 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 trading volume of 11,200 shares, the days-to-cover ratio is currently 222.3 days.

Delivery Hero Trading Down 3.9 %

Shares of OTCMKTS:DLVHF traded down $1.57 during midday trading on Monday, hitting $39.01. The company’s stock had a trading volume of 500 shares, compared to its average volume of 5,608. Delivery Hero has a fifty-two week low of $17.80 and a fifty-two week high of $44.79. The stock’s 50 day simple moving average is $38.29 and its 200 day simple moving average is $30.43.

Wall Street Analyst Weigh In

DLVHF has been the subject of several research analyst reports. Citigroup raised Delivery Hero to a “hold” rating in a report on Tuesday, October 15th. UBS Group upgraded shares of Delivery Hero to a “strong-buy” rating in a research note on Thursday, August 1st.

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.